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Meta, Facebook
E.U. fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads business.
Meta hit with $840 million fine for linking Facebook and Marketplace
The European Commission has ordered Meta to “bring the conduct effectively to an end,” but didn’t specify what actions should be taken. Meta was also hit with a record-breaking $1.3 billion fine by the EU last year for transferring the Facebook data of EU citizens to the US.
Meta Hit With $844M Fine Over 'Abusive' Facebook Marketplace Practices
The European Commission says Facebook's parent company is undermining its rivals by embedding its classified ads platform within the social network.
Meta to introduce ads on Threads
Meta to introduce ads on Threads in early 2025, the Information reports
Meta Platforms plans to introduce advertisements to its social media app Threads early next year, the Information reported on Wednesday, citing three people with direct knowledge of the plans.
Meta will reportedly bring ads to Threads as soon as January
Threads could start getting ads much sooner than Meta has let on. The company is now planning to bring ads to its newest app “early next year” with the first ads arriving in January of 2025, according to a new report in The Information.
Meta planning to introduce ads to Threads in early 2025, The Information reports
Meta plans to launch ads on Threads early next year, in an effort to cash in on the app’s swift growth, The Information’s Sylvia
Meta must face antitrust trial by FTC
Meta will go to trial over WhatsApp and Instagram acquisitions
Facebook owner Meta Platforms must face trial in a lawsuit seeking its break up over claims it bought Instagram and WhatsApp to squash competition
FTC antitrust case against Meta can move to trial, court rules
A federal judge ruled Wednesday that a Federal Trade Commission lawsuit accusing Facebook owner Meta of holding an illegal monopoly over social media can proceed to trial, handing the agency a victory after previous setbacks in making its case in court.
Meta to face FTC trial over Instagram and WhatsApp acquisitions - Reuters
According to a Reuters report, a Washington judge ruled Wednesday that Meta (NASDAQ:META) must face trial in a lawsuit brought by the Federal Trade Commission, which is seeking its breakup, alleging the social media giant bought Instagram and WhatsApp to eliminate emerging competition.
34m
on MSN
ValueAct's top Q3 trades feature new Meta, Visa stakes, KKR, Spotify exits
ValueAct Holdings opened fresh equity stakes in Live Nation Entertainment (NYSE:LYV), with 1.01M shares, Visa (NYSE:V), with ...
11h
AI Powers Meta’s Strong Q3 Growth: Profits Soar
Ad revenue reached $39.9 billion, increasing 19% YoY, boosted by AI-driven ad targeting and improved ad impressions.
Barron's
4h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
The EU fined online giant
Meta
almost 800 million euros on Thursday for breaching antitrust rules by giving users of its ...
1h
on MSN
Meta Platforms Inc. stock underperforms Thursday when compared to competitors
Shares of Meta Platforms Inc. dropped 0.49% to $577.16 Thursday, on what proved to be an all-around poor trading session for ...
9h
How The Meta-Reuters Deal Signals A New Era For AI And Media
This year has increasingly polarized the media industry into two camps — the AI bedfellows and adversaries — shaped by the ...
1h
There's a Ray-Ban Meta rival coming and it could be better on your pocket
The report comes from the Chinese site 36Kr, which says that Xiaomi has Meta's smart specs firmly in its sights. Its ...
20h
Meta Offers Less Personalised Ads for EU Users to Appease Regulators
Personalised advertising boosts revenue for companies, Meta said in a press release. It referenced an in-house study showing ...
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