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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 $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 - November 14 -
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 - November 14 -
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 -
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 - November 14 -
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 - November 14 -
EU fines Meta over $840 million for ‘abusive practices’ favoring Facebook Marketplace
Meta received a fine of over $840 million on Wednesday for breaching the European Union’s antitrust rules as it relates to market domination after three years of legal proceedings. The ...Politics - The Hill - 6 days 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 - November 14 -
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 - November 14 -
Meta removes 2 million accounts related 'pig-butchering' scams
Some major tech companies including Meta are taking steps to combat “pig butchering” scams, which trick Americans out of billions of dollars each year through fake online friendships and romances.Top stories - NBC News - Yesterday -
Meta removes 2 million accounts accused of 'pig butchering' scams
Meta said Thursday it removed more than 2 million accounts linked to "pig-butchering" investment schemes that leave victims out of large sums of money. These pig-butchering fraud schemes are ...Politics - The Hill - Yesterday -
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 - November 14 -
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 -
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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 -
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 -
Spain slaps $187 million fine on Ryanair, EasyJet and others for 'abusive' cabin luggage fees
Spain's Consumer Rights ministry demanded that the five low-cost airlines stop charging additional baggage fees.Business - CNBC - Yesterday -
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 - November 13 -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - October 30 -
Ball fined for homophobic comment
Charlotte Hornets guard LaMelo Ball is fined $100,000 by the NBA for making an "offensive and derogatory" comment in a courtside interview.Sports - Yahoo Sports - 5 days ago -
The US consumer is fine (but no better)
Aggregates conceal a lotWorld - Financial Times - 3 days ago -
House Republican presses Meta on censoring political content
Texas Rep. August Pfluger (R) expressed concern in a letter to Meta on Tuesday over the platform's decision to automatically opt users out of political content, arguing the platform's users should ...Politics - The Hill - October 24 -
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 -
Meta and Microsoft Won’t Stop Spending on AI
Both tech giants reported strong third quarters but their stocks fell anyway.Business - Inc. - October 31 -
Facebook's parent company, Meta, facing courtroom battle
On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch ...Top stories - CBS News - November 14 -
Meta Finally Breaks Its Silence on Pig Butchering
The company gave details for the first time on its approach to combating organized criminal networks behind the devastating scams.Tech - Wired - Yesterday -
At COP29, ‘Sewage Beer’ Is Just Fine
The hoppy pilsner from Singapore, where freshwater is scarce, is part of an effort to promote recycling solutions.World - The New York Times - Yesterday -
Source: Ravens' Smith fined for hip-drop tackle
Ravens linebacker Roquan Smith will be fined $16,833 and the NFL ruled that he used a hip-drop tackle on Bucs receiver Chris Godwin, a source told ESPN.Sports - ESPN - October 25 -
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 -
Sarnia Sting Fined For Exceeding Fighting Majors In A Game
The Sarnia Sting organization has been fined following events that transpired in their game against Flint on Oct. 23Sports - Yahoo Sports - October 26 -
Sixers fined $100K in relation to Embiid's status
The 76ers have been fined $100,000 by the NBA for public statements made by coach Nick Nurse and president of basketball operations Daryl Morey about the health status of Joel Embiid.Sports - ESPN - October 29 -
NBA fines 76ers $100,000 over statements about Joel Embiid's injury; team has no timetable for his or Paul George's return
It’s still unclear when either Joel Embiid or Paul George will be ready to play for the 76ers this season.Sports - Yahoo Sports - October 29 -
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 -
France pushes Brussels to delay fines on carmakers
Emissions rules coming into force could lead to billions in penalties being imposed on weak auto industryWorld - Financial Times - November 4