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EU hits Apple, Meta

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.

BBC on MSN · 13m

EU hits Apple and Meta with €700m of fines

The European Union has ordered Apple and Meta to pay a combined €700m (£599m), in the first fines it has issued under recent legislation intended to curb the power of big tech. It has issued a €500m (£428m) fine to Apple over its App Store, while Meta has been fined €200m (£171m) over the way it handled user data.

Associated Press News on MSN · 1h

The European Union fines Apple 500 million euros and Meta 200 million in separate digital cases

European Union watchdogs fined Apple and Meta hundreds of millions of euros as they stepped up enforcement of the 27-nation bloc’s digital competition rules.

Meta, Instagram

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 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.

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.

Meta, Teen Account

CNET on MSN · 1d

Meta Will Use AI to Place Teens Into Stricter Account Settings

Meta is expanding its age-verification tools by using AI to detect teenaged users and then automatically placing them into more restrictive Teen Account settings even if the user entered an adult birthday.

Business Insider · 1d

Meta says working with parents to enroll more teens into Teen Accounts

As we continue to expand Teen Accounts, we want to make sure as many teens as possible are enrolled. We’re notifying

PCMag on MSN · 1d

Meta's AI Will 'Proactively' Find, Lock Down Teen Accounts

Meta didn't specify what the AI is looking for, only that it's testing 'AI technology in the US that will proactively find accounts we suspect belong to teens,' but are pretending to be adults.

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 ...

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 ...

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 ...

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 ...

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

Apple vs. Meta Platforms: Which "Magnificent Seven" Stock Has More Upside After the Recent Sell-Off?

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

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EU hits Apple, Meta

Meta, Instagram

Meta, Teen Account

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