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 - 6 hours ago

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 - 8 hours ago

EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices

Tech - ABC News - 11 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 business

World - ABC News - 8 hours ago

Meta fined €798m over 'unfair' Facebook Marketplace

The European Union says the tech giant crowded out rivals, breaching competition law.

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 business

Tech - ABC News - 8 hours ago

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

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

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

Apple, Meta and Amazon must show the stock market that AI spending is paying off

Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.

Business - MarketWatch - October 30

Carbon fines will only add to Europe’s automotive pile-up

Pain will be unevenly spread among carmakers, with analysts identifying bedraggled Volkswagen as the most exposed

World - Financial Times - November 5

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 says

World - Financial Times - 11 hours ago

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.

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

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

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

Meta's stock drop tells the wrong story on earnings — so, we're boosting our price target

Don't let the after-hours stock action fool you, Meta delivered one heck of a strong quarter and rosy revenue guidance.

Business - CNBC - October 31

Elon Musk commits $70 million to boost Donald Trump

Elon Musk, the tech mogul who is the world’s richest man, plunged more than $70 million of his personal fortune into helping Donald Trump and other Republicans win in November’s election, making ...

Tech - ABC News - October 16

Elon Musk commits $70 million to boost Donald Trump

Elon Musk, the tech mogul who is the world’s richest man, plunged more than $70 million of his personal fortune into helping Donald Trump and other Republicans win in November’s election, making ...

Elon Musk Commits $70 Million to Boost Donald Trump

The billionaire tech mogul has become one of the biggest GOP donors through his America PAC.

Business - Inc. - October 17

CEO of Europe defense company says region faces ‘wake-up call’ to boost spending

Countries have to start building capabilities and replenish stockpiles, said CEO of Swedish defense contractor Saab.

Business - MarketWatch - October 22

Meta's Threads micro-blogging app now has 275 million monthly users, Zuckerberg says

Threads, Meta's rival to Elon Musk's X app, now has nearly 275 million monthly users, CEO Mark Zuckerberg said Wednesday.

Business - CNBC - October 31

LinkedIn hit with 310M euro fine for data privacy violations from Irish watchdog

European Union regulators have slapped LinkedIn with a 310 million euro fine for violations of the bloc’s stringent data privacy rules

Tech - ABC News - October 24

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's victory spells doom for his criminal cases — but he's not off the hook for $570 million in civil fines

President-elect Donald Trump's election victory means he will likely be able to delay, or end, all the criminal proceedings that have been lodged against him.

Business - CNBC - November 6

The ‘Trump bump’ added $75,000 to my $1.3 million portfolio. I’m 39. Should I retire early and move to Europe?

“I have my eyes set on either Italy or Spain next year, where the cost of living is roughly half of what it would be in the U.S.”

Business - MarketWatch - 4 hours ago

IAC exploring spinoff of home improvement marketplace Angi

The company said there's no specific timeline for when the spinoff will take place, but a transaction would likely occur by the end of IAC's second quarter.

Business - CNBC - 3 days ago

We're buying shares of 2 stocks that sellers are unfairly punishing

We're taking the other side of the trade on an AI play and a recovering health-care company.

Business - CNBC - October 23

Epic Games launches Fab unified digital content marketplace

Epic Games has launched Fab, a new unified content marketplace that enables developers to access digital assets from a single online market.

Tech - VentureBeat - October 22

Sullivan: US is working with allies on mineral marketplace amid energy transition

The U.S. is working with allies to build a standardized international marketplace for metals and minerals central to the ongoing energy transition, national security adviser Jake Sullivan said ...

Politics - The Hill - October 23

Sequence launches on Google Cloud Marketplace for Web3 gaming tech

Sequence, the all-in-one platform for building Web3 games, has partnered with Google Cloud Marketplace to widen its reach to game developers.

Tech - VentureBeat - October 24

Meta faces day in court

Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Meta to face trial in FTC antitrust suit Meta must face trial in an antitrust case brought by the ...

Politics - The Hill - Yesterday

Giuliani spokesperson says former mayor 'unfairly punished' by having to hand over assets

A spokesperson for Rudy Giuliani said that the former New York mayor, who was ordered by a federal judge to hand over his assets to two Georgia election workers in a defamation case, was "unfairly ...

Politics - The Hill - October 23

My husband unfairly blames me for our son’s eating disorder | Ask Annalisa Barbieri

Perhaps your son’s aversion to food is a symptom of a wider anxiety – finding ways to talk about it is key to discovering its cause. Every week Annalisa Barbieri addresses a problem sent in by a ...

World - The Guardian - November 1

We're buying more of two stocks that have been unfairly dinged in the past week

We can finally add to our positions now that our trading restrictions are cleared.

Business - CNBC - November 4

Vanderbilt QB Diego Pavia sues NCAA, claims NIL potential for players from junior colleges is unfairly limited

Pavia is seeking injunctive relief as his final season of eligibility nears its end

Sports - CBS Sports - 5 days ago

Social Media Layoffs Hit Meta

The tech giant confirmed an unspecified number of job cuts at WhatsApp and Instagram.

Business - Inc. - October 17

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