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Meta Fined $843 Million by EU

The Wall Street Journal on MSN · 1h

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.

The Verge · 2h

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.

Investopedia on MSN · 4m

EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors

Meta Platforms has been fined 797.72 million euros ($843.31 million) by European regulators over alleged harm to other classified marketplace providers in Europe caused by attaching its Marketplace product to Facebook,

Meta must face antitrust trial by FTC

Antitrust lawsuit against Meta heads to trial in effort to break up social media giant

An antitrust case aimed at breaking up social media giant Meta is heading to trial. That's after a federal judge partly denied a request for summary judgment from the parent company of Facebook. The Federal Trade Commission alleges Meta overpaid for Instagram in 2012 and WhatsApp in 2014 to stifle competition.

Bloomberg L.P. on MSN · 18h

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 ...

ViewusGlobal on MSN · 10h

Meta must face antitrust trial by FTC: Issues with Instagram and WhatsApp acquisitions.

A federal court allows the FTC's antitrust lawsuit against Meta to proceed, alleging monopoly through Instagram and WhatsApp acquisitions.

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 platform Threads early next year, the Information reported on Wednesday, citing three people with direct knowledge of the plans.

Engadget on MSN · 22h

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.

Business Insider · 20h

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

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 ...

14h

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 ...

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 ...

4h

Ray-Ban Meta smart glasses too expensive? Cheaper rivals could be coming soon

There’s no precise word on how much they’ll cost when they launch, but Xiaomi is known for producing more affordable tech ...

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