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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.
16h
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.
14h
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, ...
10d
on MSN
A rare bee species reportedly put an end to Meta's plans for a nuclear-powered AI data center
Meta's plans for an AI data center running on nuclear power were complicated partly by the discovery of a rare bee species ...
13h
on MSN
EU fines Meta £660m for competition rule breaches over Facebook Marketplace
The European Commission said Meta had acted illegally in tying the Marketplace to the social network arm of the platform.
2d
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 ...
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European Union
Facebook Marketplace
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