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Meta, Facebook
Meta hit with $840 million fine for linking Facebook and Marketplace
The European Commission has ordered Meta to “bring the conduct effectively to an end,” but didn’t specify what actions should be taken. Meta was also hit with a record-breaking $1.3 billion fine by the EU last year for transferring the Facebook data of EU citizens to the US.
EU fines Meta 797 mln euros over abusive practices benefiting Facebook Marketplace
The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace, it said in a statement, confirming an earlier report by Reuters.
E.U. fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads business.
Yahoo
1d
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 ...
KTBS
1h
What The Tech: Facebook Facial Recognition
Meta says using facial recognition to verify the identity of the account owner should speed up the process. If you don’t see ...
2d
Meta to offer Facebook and Instagram users in Europe less personalized ads after pressure from regulators
Data from all of a user's previous time spent on Facebook or Instagram, which is typically combined to precisely target an ...
Yahoo
1d
EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors
Meta
is facing a new 797 million euro fine from European regulators, this time over its
Facebook
Marketplace service. The ...
2h
on MSN
What the Tech: Meta is making it easier to reclaim your accounts, using your face
Meta’s current account recovery process can be cumbersome and often unsuccessful. Meta’s new solution involves taking a video ...
Digital information world
13h
Meta Fined $840M For Unfair Trading Conditions And Exposing Users To Marketplace
The fines for Meta in the EU keep coming in. The tech giant was just trying to reel from the accusations of having abusive ...
2d
on MSN
Meta ordered to face FTC’s antitrust lawsuit over Instagram, WhatsApp acquisitions
A judge largely denied Meta’s motion to end the case filed against Facebook in 2020 alleging that the company acted illegally ...
2d
on MSN
Meta will have to defend itself from antitrust claims after all
The Federal Trade Commission will get a chance to argue its case for Meta’s breakup in court. On Wednesday, US District Judge ...
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