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EU Slaps Meta With €798 Million Fine
EU fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
The bloc's executive arm says Facebook users are exposed to the platform's Marketplace service whether they want to be or not, resulting in antitrust violations.
Meta Fined $843 Million by EU Over Marketplace Ads Platform
The European Commission said the company tied its classified-ads platform to its flagship social network, undermining competition.
EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace
The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace, it said in a statement, confirming an earlier report by Reuters.
FTC, Meta
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 a federal judge threw out some allegations by the US Federal Trade Commission, but the heart of the case remains. In a 92-page order ...
Meta ordered to face FTC’s antitrust lawsuit over Instagram, WhatsApp acquisitions
A judge largely denied Meta’s motion to end the case filed against Facebook in 2020 alleging that the company acted illegally to maintain its social network monopoly.
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.
5h
Meta's data centers in Gallatin are up and running
"Gallatin has been such an ideal location for Meta," said Brad Davis, Meta's director of community and economic development, ...
2h
EU fines Meta €800 million: is Trump’s election victory sparking trade tensions?
The European Commission fined Meta a staggering €797.72 million today. Was it a show of EU's retaliation against the expected ...
1d
Meta Platforms Is Making AI Waves. ValueAct Bets $1 Billion.
ValueAct Capital has amassed a $1 billion stake in Facebook and Instagram parent Meta Platforms a validation of the tech ...
23h
on MSN
Is Meta Platforms, Inc. (META) Best Virtual Reality Stock To Buy Now?
We recently published a list of 10 Best Virtual Reality Stocks To Buy Now. In this article, we are going to take a look at ...
The Motley Fool on MSN
6d
Is Meta Platforms a Top Artificial Intelligence (AI) Stock to Buy Now?
Llama has seen adoption as the building block of internal AI models for AT&T, Goldman Sachs, and Shopify. From January 2024 ...
Forbes
8h
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 ...
12h
Mark Zuckerberg's Meta Eyes 2025 To Introduce Ads On Threads As Elon Musk's X Loses Favor With Major Brands: Report
Meta plans to launch ads on its Threads platform in early 2024, aiming to capitalize on brand dissatisfaction with Elon Musk's X while addressing monetization strategies.
1d
Meta Platforms: Strong Momentum To Continue Into 2025
Meta's AI investments drive business growth and monetization, expanding its market with generative AI tools and efficiency ...
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