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Meta fined €798m by EU
Meta fined €798m over 'unfair' Facebook Marketplace
Meta has been fined €798m (£664m) for breaking competition law by embedding Facebook Marketplace within its social network. The European Commission said this meant alternative classified ads services had faced "unfair trading conditions", making it harder for them to compete.
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.
EU Fines Meta $840 Million Over Classified Ads Business
An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online classified ads.
9h
on MSN
Meta and Palantir Join Forces in Defense Tech Artificial Intelligence (AI). Which Stock Is the Better Buy?
Meta is joining Palantir as a leading provider of artificial intelligence (AI) services for the U.S. military.
12h
on MSN
Meta aligns platforms with ‘Views’ as primary content metric
Meta's shift to views as the primary metric across its platforms offers advertisers a unified way to measure reach.
1d
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.
10h
Microsoft’s top AI customers include Adobe and Meta
The software giant has a running list of what it considers its top 10 customers for Azure OpenAI, and I’m told Adobe and Meta ...
10h
on MSN
Meta Platforms Inc. stock underperforms Friday when compared to competitors
Shares of Meta Platforms Inc. shed 4.00% to $554.08 Friday, on what proved to be an all-around poor trading session for the ...
21h
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 ...
12h
on MSN
Pivoted more to Alphabet due to outperformance of Meta, says MoffettNathanson's founding partner
Michael Nathanson, MoffettNathanson founding partner and senior research analyst, joins 'The Exchange' to discuss Meta's ...
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