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EU slaps Meta with nearly 800M euro fine
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.
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 fine in Europe, this time over abusive practices in Facebook
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.
15h
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
Meta to offer Facebook and Instagram users in Europe less personalized ads after pressure from regulators
Data from all of a user's previous time spent on Facebook or Instagram, which is typically combined to precisely target an ...
The PIE News
1h
European and US institutions partner with Meta to embrace VR
Several European and US universities are boldly stepping into the realm of virtual reality, partnering with Meta to test its ...
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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