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EU Slaps Meta With €798 Million Fine
Meta slapped with a €798M fine in Europe over anticompetitive Marketplace practices
Meta, the parent of Facebook, Instagram and WhatsApp, has been hit with yet another huge regulatory fine in Europe, this time over abusive practices
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.
Europe fines Meta almost $840 million for linking Marketplace to Facebook
Meta was penalized by the EU for tying Facebook Marketplace to its social network, and for imposing unfair trading conditions on competitors.
19h
Meta Offers Less Personalised Ads for EU Users to Appease Regulators
Personalised advertising boosts revenue for companies, Meta said in a press release. It referenced an in-house study showing ...
1d
on MSN
In Europe, Instagram Ads Are About to Get Less Personal
Meta Platforms, the Facebook and Instagram owner, faces pressure in Europe to ask before using data to target ads or train ...
3d
on MSN
Meta taps US, UK universities to test VR in education, creates digital twin ‘metaversities’ in Europe
Meta has launched a new partnership with a slew of universities in the U.S. and U.K., as it looks to ingrain VR across the ...
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