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EU slaps Meta with nearly 800M euro fine
Meta Hit with €800M EU Fine for Facebook Marketplace Push
Meta Platforms Inc., the company behind Facebook and Instagram, has been fined €797.72 million by the European Commission for anti-competitive practices linked to its integration of Facebook Marketplace.
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.
Meta Faces Massive EU Fine Over Facebook Marketplace
The European Commission has fined Meta Platforms €797.72 million for engaging in abusive practices with Facebook Marketplace. Meta plans to appeal, arguing that the EU has presented no evidence of harm to competitors or consumers,
Meta Must Face Trial
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,
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.
Meta must face trial in FTC antitrust lawsuit, judge rules
A federal judge ruled Wednesday that Meta must face trial in an antitrust case brought by the Federal Trade Commission (FTC) over the social media giant’s acquisitions of Instagram and WhatsApp. U.S.
2h
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, ...
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 ...
6d
on MSN
Is Meta Platforms a Top Artificial Intelligence (AI) Stock to Buy Now?
Meta Platforms (NASDAQ: META) is probably one of the most misunderstood companies out there. It is consistently judged by ...
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 ...
Forbes
5h
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 ...
5d
Will Meta Platforms Enact a Stock Split in 2025?
One company that has never split its stock but may consider doing so in 2025 is Meta Platforms ( META 0.28%), formerly known ...
3d
Meta Platforms Q3: Significant Near-Term Downside Volatility Is Likely
Meta Platforms delivered strong Q3 results, but it's not the right time to initiate a position in the company. See why META ...
4h
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.
8d
Meta Platforms’ (META) Q3 Results Point to More Upside despite 80% Rally
Meta Platforms (META) has recorded a remarkable 80% surge over the past year, and yet, its Q3 report suggests there’s room ...
9h
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.
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