Latest in Meta Fined $843 Million by EU Over Marketplace Ads Platform
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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.Tech - The Wall Street Journal - 10 hours ago -
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practicesTech - ABC News - 13 hours ago -
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 businessWorld - ABC News - 11 hours ago -
Meta fined €798m over 'unfair' Facebook Marketplace
The European Union says the tech giant crowded out rivals, breaching competition law.Top stories - BBC News - 12 hours ago -
EU slaps Meta with nearly 800M euro fine for '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 businessTech - ABC News - 11 hours ago -
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.Business - The New York Times - 8 hours ago -
Meta fined nearly €800mn for breaking EU law over classified ads practices
Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels saysWorld - Financial Times - 14 hours ago -
Meta Platforms Defeats Shareholder Lawsuit Over Child Safety Claims
The plaintiffs said Meta misled them about how it makes Instagram and Facebook safe for younger users. A federal judge in San Francisco disagreed.Business - Inc. - October 23 -
Meta Fined $15 Million in South Korea for Illegal User Data Collection
The country’s privacy watchdog said Meta amassed sensitive information by analyzing users’ likes and the ads they opened.Business - Inc. - November 5 -
Intel wins lengthy EU legal battle over £880m competition fine
Chipmaker disputed 2009 decision that it abused its market position in case dating back two decades. The US chipmaker Intel has won a long-running battle to quash a fine of more than €1bn imposed ...World - The Guardian - October 24 -
South Korea fines Meta $15 million for illegally collecting information on Facebook users
South Korea’s privacy watchdog has fined Meta 21.6 billion won for illegally collecting Facebook users’ sensitive personal information, including data about their political views and sexual ...Tech - ABC News - November 5 -
American Airlines Fined $50 Million Over Treatment of Passengers With Disabilities
The carrier said its mishandling rate for wheelchairs and scooters has dropped by 20% in recent years as it invests in new equipment and practices.Business - The Wall Street Journal - October 23 -
LinkedIn fined $335 million over digital advertising in Europe
LinkedIn on Thursday was hit with a fine of €310 million ($335 million) over its use of targeted advertising.Business - MarketWatch - October 24 -
Teva Fined Around $500 Million Over MS Drug Competition Concerns
The European Union fined Israel’s Teva Pharmaceutical 462.6 million euros, saying it abused its market position in a way that might have delayed competitors from entering the multiple sclerosis ...Business - The Wall Street Journal - October 31 -
EU Commission fines Teva $500M for trying to stop rival's multiple sclerosis drug
The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for ...World - ABC News - October 31 -
EU Commission fines Teva $500 million for trying to stop rival's multiple sclerosis drug
The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for ...Health - ABC News - October 31 -
Trump Says Apple CEO Tim Cook Called Him Over EU Fines
The GOP candidate said the tech boss spoke to him about penalties Apple received from European Union regulators and courts.Business - Inc. - October 18 -
Meta Reports Record Revenue, Slower Ad Growth
The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.Tech - The Wall Street Journal - October 31 -
Facebook and Instagram to delete ads that use celebrities without their consent
Celebrities including Elon Musk and Martin Lewis repeatedly feature in ads for products they have not endorsed.Top stories - BBC News - October 22 -
Meta extends ban on new political ads past Election Day
Meta extends restriction period for new political ads throughout the week of the U.S. elections.Business - CNBC - November 5 -
Meta extends political ad ban until post-Election Day
Meta extended the ban on new political ads on its platforms through Election Day, the social media giant announced Monday. The parent company of Facebook and Instagram said the restriction on new ...Politics - The Hill - November 5 -
Meta Extends Ban on New Political Ads to After Election
The extra days when the tech giant’s platform won’t take new ads reflects widespread concerns about misinformation.Business - Inc. - November 5 -
Utah AD fined $40K for criticizing Big 12 officials
The Big 12 fined Utah AD Mark Harlan $40K and issued a public reprimand in the wake of his disparaging comments about officiating after Utah's loss to BYU.Sports - ESPN - 4 days ago -
EU weighs including Musk’s business empire to calculate potential X fine
Penalty would increase dramatically if regulators took into account revenues from billionaire’s other companiesBusiness - Financial Times - October 17 -
EU fines world’s largest generic drugmaker Teva for hindering competition
European Commission says company abused ‘dominant position’ to ‘artificially’ extend patent protection of MS medicine CopaxoneBusiness - Financial Times - October 31 -
Trump’s lead over Harris in betting market erodes as platforms tighten odds
Top platforms had placed Republican ahead but Democrat is catching up and even leads on one app. US election 2024 live: latest polls, results and updates Betting markets have narrowed ...World - The Guardian - November 4 -
American to pay $50 million fine for its treatment of disabled passengers
Airlines must be accountable for their treatment of passengers with disabilities, Transportation Secretary Pete Buttigieg said.Top stories - CBS News - October 23 -
American Airlines Fined $50 Million for Treatment of Disabled Travelers Using Wheelchairs
The Transportation Department issued the fine after an investigation revealed “cases of unsafe physical assistance that at times resulted in injuries and undignified treatment of wheelchair users.”Top stories - The New York Times - October 23 -
Wise chief executive fined £350,000 over ‘tax issues’
UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his jobBusiness - Financial Times - October 28 -
Ofcom fines GB News £100,000 over impartiality
The media watchdog says the broadcast channel allowed the then-prime minister to go unchallenged.Top stories - BBC News - October 31 -
Here’s Why Meta Getting on the AI Search Bandwagon Could Change the Entire Online Ad Market
Meta is taking on Google and Microsoft by developing its own AI search engine. The repercussions for the digital advertising market could be huge.Business - Inc. - October 29 -
Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push
Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligenceTech - ABC News - October 30 -
Inside the Secretive $700 Million Ad-Testing Factory for Kamala Harris
Future Forward has ascended to the top of the Democratic political universe, but it has also drawn suspicion and second-guessing.Top stories - The New York Times - October 17 -
Netflix to double profits after adding millions of subscribers in three months
After cracking down on password sharing, expanding into ads and investing billions in live TV, group declares success. Netflix expects to double its profits this quarter after the world’s largest ...World - The Guardian - October 17 -
Trump and allies are pouring millions into anti-trans election ads as election nears
Former President Donald Trump and his Republican allies are aggressively pushing anti-trans messaging in the final stretch of the 2024 election.Top stories - ABC News - October 22 -
The Real Reasons the G.O.P. Is Spending Millions on Anti-Trans Ads
Republicans are banking on an issue that isn’t a priority for voters: trans rights.Top stories - The New York Times - October 28 -
The Sims 4 added 15 million players in the past year
As part of its report for its Q2 FY25 earnings, EA noted that The Sims 4 attracted 15 million new players over the past year.Tech - VentureBeat - October 29