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Meta Fined $843 Million by EU
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 Fined $843 Million by EU Over Marketplace Ads
Meta Platforms said it would appeal an $843 million European Commission fine for allegedly tying its classified-ads platform to Facebook, undermining competition.The commission on Thursday fined the Facebook owner 797.
Meta Hit With $844M Fine Over 'Abusive' Facebook Marketplace Practices
The European Commission says the Facebook parent company is undermining rivals by embedding its classified ads platform within the social network.
Meta must face antitrust trial by FTC
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 Will Get Its Unwanted Day in Antitrust Court
A federal judge ruled on Wednesday that an FTC complaint alleging that Facebook's acquisitions of Instagram and WhatsApp were anticompetitive should proceed to a jury trial.
Meta must face trial in FTC antitrust lawsuit, judge rules
A federal judge ruled Wednesday that Meta must face trial in an antitrust case brought by the Federal Trade Commission (FTC) over the social media giant’s acquisitions of Instagram and WhatsApp. U.S.
Meta will reportedly bring ads to Threads
Brace Yourself for Ads on Threads in January
With X users flocking to alternatives after the US election, it may not be the worst time for Threads to cash in. 'At the end of the day, we're a business,' Instagram Head Adam Mosseri said in April.
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 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.
Bloomberg L.P. on MSN
21h
Meta Must Face Trial After Judge Pares Some FTC Claims
Meta
Platforms Inc. will face a somewhat scaled-back antitrust trial over its alleged dominance of social networking after ...
Barron's
1h
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 ...
Forbes
9h
How The Meta-Reuters Deal Signals A New Era For AI And Media
technology in global digital content. Social media enthusiasts can now access real-time, trustworthy
news
through their ...
1d
Meta Offers Less Personalised Ads for EU Users to Appease Regulators
Facebook and Instagram users in the E.U. can now opt to see less personalised adverts when using the apps. Meta has launched a new app option to appease regulators investigating breaches of the ...
1d
on MSN
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 ...
8h
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.
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