Latest in Slaps Meta
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Bank of Japan holds rates but signals normalisation still on track
Political uncertainty following election upset raises risks of abrupt policy shifts, warn analystsWorld - Financial Times - October 31 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - October 31 -
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 slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands
Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for EU users to comply with regulatory demands in the region.Business - CNBC - 2 days ago -
Team Meta? Team Alphabet? A noted tech analyst weighs in and so does Jim Cramer
Cramer sees merit in MoffettNathanson's buy calls on Alphabet and Meta.Business - CNBC - 2 days ago -
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 - 17 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 saysWorld - Financial Times - 17 hours ago