Meta Nearly - QuikReader

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 - 13 hours ago

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

Tech - ABC News - 15 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 says

World - Financial Times - 16 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 - 13 hours ago

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

Social Media Layoffs Hit Meta

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

Business - Inc. - October 17

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 abusing $25 meal credits

Workers used benefits to buy acne pads, wine glasses and laundry detergent

Business - Financial Times - October 17

Meta under fire for ‘polluting’ open-source

Open Source Initiative chief criticises tech group for using the term to describe its Llama models

Business - Financial Times - October 17

Meta unveils features to combat teen ‘sextortion’

Meta is ramping up its efforts to fight sextortion on Instagram with the launch of new features that are designed to help prevent young users from getting blackmailed into sharing nude photos.

Meta fires staff for buying toothpaste, not lunch

Meta workers reportedly used vouchers that should have been spent on meals to buy household goods.

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 ...

Meta fined €798m over 'unfair' Facebook Marketplace

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

GM raises investment in lithium mine to nearly $1bn

US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVs

Business - Financial Times - October 16

King's Australia tour gives a real sense of him being back in business

Eight months after his cancer diagnosis was revealed, this royal tour is important for Charles - and the monarchy.

Georgia’s Marquee Win Was Nearly Overshadowed by an Officiating Scandal

Texas students pelted the field with objects after a pass interference call on Saturday evening.

Sports - The New York Times - October 21

Why mortgage rates are back up to nearly 7%

The average 30-year mortgage rate has surged over the course of October, returning to highs last seen in the summer.

Business - MarketWatch - October 24

Meta Will Face State Lawsuits Alleging Teen Social Media Addiction

Despite efforts to have two cases dismissed, the parent company of Instagram and Facebook will have a legal reckoning over allegations its platforms harm younger users.

Business - Inc. - October 16

Meta fires staff for ‘using free meal vouchers to buy household goods’

Facebook and Instagram owner reportedly dismisses about 24 workers for abusing $25 meal credit system. Meta, the owner of Facebook and Instagram, has reportedly fired about 24 staff at its Los ...

World - The Guardian - October 17

Meta lays off staff at WhatsApp and Instagram to align with 'strategic goals'

Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”

Tech - ABC News - October 17

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.

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.

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.