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EU hits Apple and Meta

CNET on MSN · 9m

Apple and Meta Hit With EU Fines for Restricting Consumer Choice

The European Commission has ordered the two tech companies to give people more scope to decide how their data is used and better opportunities to access deals.

CNBC on MSN · 2h

European Union hits Apple and Meta with nearly $800 million in fines amid U.S. trade tensions

The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc's digital competition laws.

The Verge on MSN · 1h

Apple and Meta hit with the EU’s first DMA antitrust fines

Meta’s $230 million and Apple’s $570 million penalties are modest compared to the maximum potential fines for breaching DMA rules.

Meta, Instagram

The Washington Post on MSN · 16h

Instagram co-founder says Meta’s Zuckerberg underinvested in photo app

Instagram co-founder Kevin Systrom told a federal judge Tuesday that Meta CEO Mark Zuckerberg underinvested in the photo-sharing app after it was sold to Meta.

Bloomberg on MSN · 16h

Instagram co-founder claims app could have thrived without Meta

Instagram co-founder Kevin Systrom testified that his fledgling photo-sharing app could have succeeded without being acquired by Meta Platforms Inc., and that eventually Chief Executive Officer

The New York Times · 19h

At Trial, Instagram Co-Founder Says Meta Denied His Company Resources

Kevin Systrom said during testimony in a landmark antitrust trial that he believed Mark Zuckerberg, Meta’s chief executive, viewed Instagram as a threat.

3h

Remember When Facebook Was Cool? Recalling a Bygone Era at Meta’s Trial.

In the landmark antitrust case, tech executives have harked back to a Silicon Valley age when social apps like Facebook, Path ...

12hon MSN

Meta may have a $7 billion problem in China

Chinese advertisers have been a major source of growth for Meta — but analysts say a sizable amount of revenue is at risk ...

8h

Meta’s Oversight Board Rebukes Company Over Policy Overhaul

NEW YORK (Reuters) -Meta Platforms’ Oversight Board on Wednesday sharply rebuked the Facebook and Instagram owner over a ...

19hon MSN

Meta releases its CapCut rival Edits globally

Meta announced on Tuesday that it’s officially launching Edits, its CapCut-like video-creation app. Releasing globally, Edits ...

3h

Meta at risk of losing billions as Chinese advertisers cut spending on Facebook and Instagram

Meta, the company behind Facebook and Instagram, might be in for a big hit this year. Analysts say it could lose up to $7 ...

14hon MSN

Meta Faces Major Problem Amid Tariffs

The analysis looked at Meta’s latest annual report from 2020 in which the company revealed that its China revenue was $18.35 ...

4h

Meta, Oracle bosses sold billions in stocks before Trump's tariff crash

Top CEOs including Mark Zuckerberg, Jamie Dimon, and Safra Catz sold billions in shares just weeks before Trump's tariffs ...

1don MSN

Meta is using its AI age-detection tech to shuffle more young users into teen accounts

Meta says it's doing more to make sure as many of its younger users as possible are using the teen accounts that it has ...

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