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EU Slaps Meta With a Nearly 800 Million Euro Fine

CNET on MSN · 11m

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.

U.S. News & World Report · 2h

EU Slaps Meta With a Nearly 800 Million Euro Fine for Engaging in 'Abusive' Marketplace Practices

European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads business

The New York Times · 1h

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.

Meta must face antitrust trial by FTC

New York Post on MSN · 23h

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.

The Times of India on MSN · 22h

Facebook parent Meta to face trial over 10-year-old Instagram and WhatsApp acquisitions

Meta, the parent company of Facebook, to stand trial for its acquisitions of Instagram and WhatsApp, a federal judge has ordered. The Federal Trade Commission (FTC) alleges that these purchases were anti-competitive moves aimed at suppressing potential rivals in the social media industry.

USA TODAY on MSN · 1d

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 to squash competition

Europe, Facebook and Instagram

Associated Press on MSN · 2d

Facebook and Instagram users in Europe can opt for less personalized ads

(AP Photo/Thibault Camus, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] LONDON (AP) — Facebook and Instagram users in Europe will get the option to see less personalized ads if they don’t want to pay for an ad-free ...

Instagram and Facebook add choice for fewer targeted ads in Europe

Currently Facebook and Instagram users have to choose between a paying for an ad-free version or a free version with personalized ads, a choice EU officials say is unfair. Jens Büttner/dpa Facebook and Instagram are giving users in Europe the new option ...

Fast Company · 1d

Meta to offer Facebook and Instagram users in Europe less personalized ads after pressure from regulators

Data from all of a user's previous time spent on Facebook or Instagram, which is typically combined to precisely target an individual with tailored ads, won't be used.

4don MSN

Mark Zuckerberg isn't personally liable for any harm caused to children by Facebook and Instagram, judge says

Over two dozen lawsuits accuse Mark Zuckerberg's platforms of being dangerously addictive to children.

EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices

Additionally Meta imposed unfair conditions on competitors in the classified ads service who advertised on Facebook and ...

Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands

Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for European Union users to ...

Enes Tunagur | Reuters

Lower prices helped to drive higher-than-expected OECD gasoil use in the third quarter, driving up overall oil demand, but ...

Instagram to roll-out AI powered image generator

Developer Alessandro Paluzzi has revealed an image of Instagram’s alleged AI-powered profile picture generation ...

2d

Beware of bogus ‘Winter Fuel Payments’ ads on Facebook and Instagram

Scammers are promoting 'Winter Fuel Payments' that don't exist. Last month, we warned about fake texts promoting a range of ...

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