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 - 16 hours ago

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

Tech - ABC News - 16 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 business

Tech - ABC News - 14 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 - 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 business

World - ABC News - 14 hours ago

Meta fined €798m over 'unfair' Facebook Marketplace

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

Lawsuit Against Meta Over Section 230, Tech Shield Law, Is Dismissed

A professor sued pre-emptively to release software that would let users automatically unfollow everyone in their Facebook feed.

Tech - The New York Times - November 8

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

Nearly $1 billion has been spent on political ads over the last week

With Election Day around the corner, there's been just shy of $1 billion spent on political ads up and down the ballot in the last week.

Politics - NBC News - November 3

Nearly $1 billion has been spent on political ads over the last week

There has been just shy of $1 billion spent on political ads in the last week, close to one-tenth of the more than $10 billion spent since the start of 2023.

Business - CNBC - November 3

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

Lawsuit challenges Louisiana law classifying mifepristone, misoprostol as controlled substances

Louisiana health care workers and advocates filed a lawsuit Thursday challenging a recently passed state law reclassifying two drugs used in medication abortions — mifepristone and misoprostol — as ...

Politics - The Hill - October 31

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

American Airlines fined $50M for violating disability laws

The U.S. Department of Transportation on Wednesday announced a $50 million fine against American Airlines for its alleged mistreatment of passengers with disabilities, which the department said in ...

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

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 - 11 hours ago

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.

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

Breaking down election law as Americans vote in 2024

The Supreme Court said Virginia can continue with removing about 1,600 people from its voter roll in what the State's Republican governor said is an effort to stop non-citizens from voting. CBS ...

Warren: Trump transition 'already breaking the law'

Sen. Elizabeth Warren (D-Mass.) said on Monday that President elect-Trump “and his transition team are already breaking” a law on presidential transition. “Donald Trump and his transition team are ...

Politics - The Hill - 3 days ago

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 companies

Business - 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 Copaxone

Business - Financial Times - October 31

‘Breaking Bad’ star appears in ad campaign against littering in New Mexico

The indelible lead character from the “Breaking Bad” streaming series has a new starring role in a public service ad campaign against littering in New Mexico

Entertainment - ABC News - October 17

Europe’s chocolate groups lead opposition to EU deforestation law delay

Nestlé, Ferrero and more than 50 other companies say the uncertainty is putting investment at risk

World - Financial Times - November 6

German Cabinet approves laws to implement EU asylum reform

World - Yahoo News - November 6

EU backs ‘loophole’ for member states facing deforestation law

Proposed change set to inflame tensions with Brazil and other big agricultural producers over controversial rule

World - Financial Times - 14 hours ago

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

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 job

Business - 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.

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 intelligence

Tech - ABC News - October 30

It Sure Looks Like Trump Watches Are Breaking Copyright Law

The company behind Trump Watches prominently features an iconic image of the presidential candidate on its timepieces. There’s one big problem: It’s not allowed to.

Tech - Wired - October 18

NFL announces Week 7 fines: 49ers' Trent Williams docked nearly $12K for punch that got him ejected

Here are the fines that the NFL has handed out from Week 7

Sports - CBS Sports - October 26

Conservatives in furor over Julia Roberts ad

A new Harris-Walz campaign ad voiced by actor Julia Roberts encourages women to vote for Vice President Harris in the presidential election, even if their husbands are backing former President ...

Politics - The Hill - October 31

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