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EU Slaps Meta With a Nearly 800 Million Euro Fine

Meta is slapped with a $839 million antitrust fine for favoring one of its own services

Plus: The rise of Bluesky and Threads, another fine for Cruise, and Elon Musk's own AI says he's the chief of misinformation on X.

U.S. News & World Report · 1d

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

Bloomberg L.P. · 23h

EU Fines Meta $840 Million For Breaching Antitrust Rules

Mandeep Singh, Bloomberg Intelligence Senior Tech Industry Analyst joins Bloomberg intelligence to discuss Meta being fined by the EU over classified ads dominance. (Source: Bloomberg)

Meta will reportedly bring ads to Threads

Reuters · 2d

Meta to introduce ads on Threads in early 2025, the Information reports

Meta Platforms plans to introduce advertisements to its social media app Threads early next year, the Information reported on Wednesday, citing three people with direct knowledge of the plans.

PCMag on MSN · 1d

Brace Yourself for Ads on Threads in January

With X users flocking to alternatives after the US election, it may not be the worst time for Threads to cash in. 'At the end of the day, we're a business,' Instagram Head Adam Mosseri said in April.

Engadget on MSN · 1d

Meta will reportedly bring ads to Threads as soon as January

Threads could start getting ads much sooner than Meta has let on. The company is now planning to bring ads to its newest app “early next year” with the first ads arriving in January of 2025, according to a new report in The Information.

Meta Must Face Trial

Gizmodo · 1d

Meta Will Get Its Unwanted Day in Antitrust Court

A federal judge ruled on Wednesday that an FTC complaint alleging that Facebook's acquisitions of Instagram and WhatsApp were anticompetitive should proceed to a jury trial.

The Washington Post · 2d

FTC antitrust case against Meta can move to trial, court rules

A federal judge ruled Wednesday that a Federal Trade Commission lawsuit accusing Facebook owner Meta of holding an illegal monopoly over social media can proceed to trial, handing the agency a victory after previous setbacks in making its case in court.

Bloomberg on MSN · 1d

Meta Must Face Trial After Judge Pares Some FTC Claims

Meta Platforms Inc. will face a somewhat scaled-back antitrust trial over its alleged dominance of social networking after a federal judge threw out some allegations by the US Federal Trade Commission,

13hon MSN

Meta CEO Mark Zuckerberg and T-Pain drop unexpected acoustic cover of 'Get Low' for Priscilla Chan

In an unexpected musical move, Mark Zuckerberg has teamed up with T-Pain to reimagine Lil Jon’s “Get Low” as a slowed-down, ...

Meta CEO Mark Zuckerberg Dodges Personal Liability In Child Social Media Addiction Lawsuits: Federal Judge Cites Lack Of Evidence

A U.S. judge ruled that Meta CEO Mark Zuckerberg cannot be held personally liable in 25 lawsuits alleging social media ...

Meta CEO Mark Zuckerberg Releases Unique Rendition of Lil Jon's "Get Low” with Rapper T-Pain

The song holds sentimental value for Meta CEO Mark Zuckerberg as it played when he first met his wife, Priscilla Chan, at a ...

Meta CEO Mark Zuckerberg not personally liable for social media addiction among kids, judge rules

As social media companies face global scrutiny, Meta’s CEO is cleared of personal responsibility in cases alleging harm to ...

Barchart on MSN1d

META 2025 Forecast: Does a Trump-Musk Combo Spell Trouble for Meta Stock?

Sell-side analysts continue to remain bullish on Meta, and it has a consensus rating of “Strong Buy” from the 51 analysts ...

Meta CEO reveals how unexpected bee-related challenges forced them to pause AI project

Meta's AI project, spearheaded by Mark Zuckerberg, appears to be on hold. The company is exploring alternative options as the ...

8hon MSN

Get to the office if you want a promotion, ex-Google CEO says

Former Google CEO Eric Schmidt said the knowledge he gained while in the office was "central" to his promotions, and younger ...

Will Meta Platforms Enact a Stock Split in 2025?

One company that has never split its stock but may consider doing so in 2025 is Meta Platforms ( META 0.28%), formerly known ...

3don MSN

Activist investor ValueAct has $1 billion stake in Meta, sources say

ValueAct has a roughly $1 billion stake in Meta, according to people familiar with the matter. The activist fund's specific ...

Business Insider on MSN13d

Oprah just favorited Meta's Ray-Ban glasses in the latest sign the product is taking off

Oprah Winfrey listed the Ray-Ban Meta Smart Glasses on her holiday gift guide. It could give the product, already successful, ...

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EU Slaps Meta With a Nearly 800 Million Euro Fine

Meta will reportedly bring ads to Threads

Meta Must Face Trial

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