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EU Slaps Meta With €798 Million Fine
EU Fines Meta Nearly €800 Million for Facebook Marketplace Practices and Advertising Data Violations
The European Commission is demanding €797.72 million for, essentially, Meta giving Marketplace an unfair advantage over competing digital storefronts.
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.
24m
Meta says Views to become primary metric on Facebook
Meta Platforms ’ Facebook said Thursday that creators will now have a single distribution metric for all content types that’s calculated the same way across Facebook and Insta ...
1h
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 ...
1h
on MSN
Facebook is changing its primary metric to ‘views’
Facebook is making “views” its primary metric to measure the performance of content, bringing it in line with Instagram ...
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 ...
Digital information world
14h
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 ...
TechRepublic
1d
Meta Offers Less Personalised Ads for EU Users to Appease Regulators
Meta
Offers Less Personalised Ads for EU Users to Appease Regulators Your email has been sent The parent company of ...
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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