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Meta must face antitrust trial by FTC
Meta Will Face Antitrust Trial Over Instagram, WhatsApp Acquisitions
Facebook owner
Meta
Platforms
must face trial in a US Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media, a judge in Washington ruled on Wednesday.
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, but the heart of the case remains. In a 92-page order ...
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 to maintain its social network monopoly.
Meta Fined €797M by EU
EU fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
The bloc's executive arm says Facebook users are exposed to the platform's Marketplace service whether they want to be or not, resulting in antitrust violations.
Meta Fined $843 Million by EU Over Marketplace Ads
Meta Platforms said it would appeal an $843 million European Commission fine for allegedly tying its classified-ads platform to Facebook, undermining competition.The commission on Thursday fined the Facebook owner 797.
Meta Faces Massive EU Fine Over Facebook Marketplace
The European Commission has fined Meta Platforms €797.72 million for engaging in abusive practices with Facebook Marketplace. Meta plans to appeal, arguing that the EU has presented no evidence of harm to competitors or consumers,
4h
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, ...
1h
EU fines Meta €800 million: is Trump’s election victory sparking trade tensions?
The European Commission fined Meta a staggering €797.72 million today. Was it a show of EU's retaliation against the expected ...
1d
Meta Platforms Is Making AI Waves. ValueAct Bets $1 Billion.
ValueAct Capital has amassed a $1 billion stake in Facebook and Instagram parent Meta Platforms a validation of the tech ...
22h
on MSN
Is Meta Platforms, Inc. (META) Best Virtual Reality Stock To Buy Now?
We recently published a list of 10 Best Virtual Reality Stocks To Buy Now. In this article, we are going to take a look at ...
1d
Meta Platforms: Strong Momentum To Continue Into 2025
Meta's AI investments drive business growth and monetization, expanding its market with generative AI tools and efficiency ...
Forbes
8h
How The Meta-Reuters Deal Signals A New Era For AI And Media
technology in global digital content. Social media enthusiasts can now access real-time, trustworthy
news
through their ...
12h
Mark Zuckerberg's Meta Eyes 2025 To Introduce Ads On Threads As Elon Musk's X Loses Favor With Major Brands: Report
Meta plans to launch ads on its Threads platform in early 2024, aiming to capitalize on brand dissatisfaction with Elon Musk's X while addressing monetization strategies.
Yahoo Finance
1d
Meta Platforms, Inc. (META) Unveils FBDetect, Advanced AI System for Performance Monitoring Across Millions of Servers
We recently compiled a list of the 14 AI
News
You Should Pay Attention To. In this article, we are going to take a look at ...
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