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Meta fined €798m by EU
EU Fines Meta $840 Million Over Classified Ads Business
An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online classified ads.
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.
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.
Meta to introduce ads on Threads
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.
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.
Expect to see ads on Threads in early 2025
I get why people have concerns, but at the end of the day we’re a business and Threads needs to make enough money to pay for the people and servers that it takes to run the service and provide it to people for free,
18h
AI Powers Meta’s Strong Q3 Growth: Profits Soar
Ad revenue reached $39.9 billion, increasing 19% YoY, boosted by AI-driven ad targeting and improved ad impressions.
Bloomberg L.P. on MSN
1d
Meta Must Face Trial After Judge Pares Some FTC Claims
In a 92-page order on Wednesday, US District Judge James Boasberg in Washington said he was narrowing one of the FTC’s claims ...
16h
Meta's data centers in Gallatin are up and running
"Gallatin has been such an ideal location for Meta," said Brad Davis, Meta's director of community and economic development, ...
1d
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 ...
7d
A decade and $22 billion later, Meta's big bet on messaging is finally starting to pay off
WhatsApp is helping Meta generate new revenue growth, and it shows how the company can benefit as users move from public ...
LIVE
13h
on MSN
UK mortgage rates rising; Meta fined for breaching EU antitrust rules – business live
Rolling coverage of the latest economic and financial news. Closing post 17:06 Time to recap. Average UK ...
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