Meta Nearly Million - QuikReader

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

Tech - ABC News - 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 - 11 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 - 11 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

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 - 8 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 - 10 hours ago

Lucid stock tumbles following public offering to raise $1.67 billion

Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."

Business - CNBC - October 17

Nearly 30 million early votes already cast in 2024 elections

Nearly 30 million voters across the country have already cast their ballots. But which party could be benefiting the most from those early numbers? Political strategists Hyma Moore and Erin Perrine ...

In Early Voting Period, Nearly 75 Million Have Cast Ballots

Nearly 75 million people have cast early ballots, making their voices heard amid worry about the process, the outcome and democracy itself.

Top stories - The New York Times - November 3

Severe drought puts nearly half a million children at risk in Amazon – report

Warming climate has caused rivers used for transport to dry up, leaving children with little food, water or school access, says Unicef. Two years of severe drought in the Amazon rainforest have ...

World - The Guardian - November 7

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 - 14 hours 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

Kamala Harris back in Pennsylvania, Musk gives nearly $75 million to Trump PAC

Kamala Harris on Wednesday is making her 11th trip to Pennsylvania since entering the race for president after making a pitch to Black male voters Tuesday on "The Breakfast Club" radio show. ...

Listeria recall expands to nearly 12 million pounds of meat, hits US schools

BrucePac has recalled additional products and production dates.

Nearly 9 million have cast ballots as early voting starts across the US

More than half of the country offers voters a chance to cast their ballot before Election Day on Nov. 5, but each state decides when to start.

Biden administration to award nearly $250 million to develop 30,000 affordable housing units

The effort comes as the federal government seeks to rein in high housing prices ahead of the presidential election in November.

Business - MarketWatch - October 23

Apple and Goldman Sachs Must Pay Nearly $90 Million Over Apple Card Inquiry

The penalties and customer refunds stem from an investigation by the Consumer Financial Protection Bureau into Apple Card, which Goldman issues.

Business - The New York Times - October 23

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.

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