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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 - 2 days 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 - 2 days ago -
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 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 - 2 days 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 -
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 - 2 days 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 - 2 days ago -
U.S. Jury Awards $42 Million to Iraqi Men Abused at Abu Ghraib
A Virginia-based military contractor that supplied interrogators to the Army at a notorious prison was found liable for the abuse of three men there.Top stories - The New York Times - 4 days ago -
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 -
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 -
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 - 3 days ago -
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 -
Meta fires staff for buying toothpaste, not lunch
Meta workers reportedly used vouchers that should have been spent on meals to buy household goods.Top stories - BBC News - October 18 -
Meta Battles Social Media Addiction Lawsuit in Massachusetts
Meta, which owns and operates Facebook and Instagram, is facing accusations that it used tactics to get users hooked on its platforms.Business - Inc. - October 19 -
Albania's left-wing former President Meta is arrested on corruption allegations
Albanian prosecutors have arrested former President Ilir Meta on suspicion that the left-wing Freedom Party leader engaged in alleged corruption, money laundering and hiding of personal income and ...World - ABC News - October 21 -
Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.Business - CNBC - October 24 -
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 - 2 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 - 2 days ago -
Man arrested for 'racially abusing' footballer
The man is arrested on suspicion of racially abusing a Wigan Athletic player at Brunton Park.Top stories - BBC News - November 2 -
The abuse scandal that led to the archbishop's resignation
Justin Welby said he had to take responsibility for failures since he was notified about abuse committed by John Smyth.Top stories - BBC News - 4 days ago -
Massachusetts judge rules Meta must face state's social media lawsuit
A Massachusetts Superior Court judge has ruled Meta must face a state lawsuit, alleging the company knowingly designed and deployed features harmful to young online users. Suffolk County Superior ...Politics - The Hill - October 18 -
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 again testing facial recognition software to fight 'celeb bait' scams
Meta, the parent company of Facebook and Instagram, is testing facial recognition software to combat “celeb bait” scams on its platforms, as well as to allow users to more easily regain access to ...Politics - The Hill - October 22 -
Meta bans jet-tracking accounts that post updates on Trump, Musk and Zuckerberg
Meta followed Elon Musk's lead, banning jet-tracking accounts run by Jack Sweeney. The accounts posted locations of jets used by Donald Trump and Taylor Swift.Top stories - NBC News - October 22 -
Meta Bans Accounts That Track Celebrity Jet Travel, Including for Zuckerberg
The suspensions mirror decision Elon Musk made in 2022 to ban similar accounts on Twitter after he acquired the platform.Tech - The Wall Street Journal - October 22 -
Meta Quest 3S Review: The Best Headset for VR Noobs
Meta’s most affordable VR headset is cheap, light, and easy to use. Just don’t expect to wear it too long, as the battery life isn't great.Tech - Wired - October 23 -
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 -
EY and Meta Fired Workers for Stretching the Rules: What Would You Do?
EY employees watched multiple training videos at once. Meta employees used meal vouchers for non-food items. Here’s how employers should evaluate breaches like these, one expert says.Business - Inc. - October 23 -
Velan Studios readies launch for Bounce Arcade VR game for Meta Quest
Velan Studios announced its VR pinball game Bounce Arcade is available for pre-order on Meta Quest and will debut on November 21. In the game, you enter the machine and play pinball like you’ve ...Tech - VentureBeat - October 24 -
Meta just beat Google and Apple in the race to put powerful AI on phones
Meta has launched compressed AI models that run directly on smartphones, making artificial intelligence faster and more private while using less memory than cloud-based alternatives.Tech - VentureBeat - October 24 -
Cramer’s week ahead: Earnings from Alphabet, Meta, Apple, Microsoft and Amazon
CNBC's Jim Cramer on Friday urged investors to keep a level head during next week's busy slate of corporate earnings and influential economic reports.Business - CNBC - October 25 -
Meta AI to Use Reuters Content to Answer User Questions in Real Time
Meta AI didn’t share whether it would use Reuters content to train its large-language model.Business - Inc. - October 27 -
Meta’s stock is up 500% in two years. Is it still a ‘set-it-and-forget-it’ play?
Meta reports earnings on Wednesday afternoon.Business - MarketWatch - October 29