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Meta, Facebook

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.

The New York Times · 6h

Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly

Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.

Hosted on MSN · 2h

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 must face antitrust trial by FTC

Yahoo · 13h

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.

ViewusGlobal on MSN · 17h

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.

Android Headlines on MSN · 1d

Meta could be forced to separate Instagram and WhatsApp

A DC District Court Judge ruled on Wednesday that Meta will have to face the Federal Trade Commission’s antitrust lawsuit. This lawsuit accuses Meta of dominating the social media industry by buying Instagram and WhatsApp.

Meta to introduce ads on Threads

abp LIVE on MSN · 1h

Meta Reportedly Planning To Bring Ads To Threads By Early 2025, Here's What We Know

In its latest earnings report, Meta announced $39.8 billion in advertising revenue over the last quarter, accounting for 97 percent of its total income. During the earnings call, Meta’s CFO, Susan Li, noted that the company does not anticipate Threads becoming a “meaningful driver” of revenue by 2025.

Reuters · 1d

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.

Nieman Journalism Lab · 10h

Expect to see ads on Threads in early 2025

I get why people have concerns, but at the end of the day we’re a business and Threads needs to make enough money to pay for the people and servers that it takes to run the service and provide it to people for free,

13h

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.

2hon 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 ...

3hon 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 ...

10h

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 ...

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 ...

22h

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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Meta, Facebook

Meta must face antitrust trial by FTC

Meta to introduce ads on Threads

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