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Meta, european union
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.
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 Hit With $844M Fine Over 'Abusive' Facebook Marketplace Practices
The European Commission says the Facebook parent company is undermining rivals by embedding its classified ads platform within the social network.
Meta Fined €798 Million by EU Over Abusing Classified Ads Dominance
Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service the social network, the US tech giant’s first ever penalty for EU antitrust violations.
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 hit with $840 million fine for linking Facebook and Marketplace
The European Commission has ordered Meta to “bring the conduct effectively to an end,” but didn’t specify what actions should be taken. Meta was also hit with a record-breaking $1.3 billion fine by the EU last year for transferring the Facebook data of EU citizens to the US.
Meta fined nearly €800mn for breaking EU law over classified ads practices
Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels says
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.
E.U. fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
European enforcers accuse the tech giant of using its popular social network to unfairly advantage its classified ads business.
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices. 24/7 coverage of breaking news and live events
EU Fines Meta $843 Million Over Marketplace Classified Ads
European Commission fines Facebook-owner Meta Platforms over allegations it illegally tied its Marketplace classified ads platform to its flagship social network, undermining competition.
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 platform 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.
Threads might get ads early next year
A small number of advertisers could get access create and publish ads on Meta's X competitor in January 2025, according to The Information.
13h
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 ...
Barron's
1h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
The EU fined online giant
Meta
almost 800 million euros on Thursday for breaching antitrust rules by giving users of its ...
5h
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.
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