Facebook parent Meta Platforms acquired Instagram and WhatsApp only after failing to develop competing services, a US Federal Trade Commission attorney said Monday at the start of a pivotal antitrust trial in Washington.The FTC argues these purchases were not strategic innovations but...
The Turkish government has imposed a "substantial" fine on Meta Platforms Inc. for failing to comply with requests to limit content, Politico reported on Tuesday, citing a spokesperson for the company, which owns Facebook, Instagram, Threads, and WhatsApp. The exact amount of the fine was not...
Meta Platforms Inc. plans to introduce a monthly fee of up to €13 for ad-free Facebook and Instagram accounts on mobile devices for its European users in the coming months, the Wall Street Journal reported on Tuesday, citing a proposal the company made to regulators.According to the report,...
Meta Platforms Inc. announced on Tuesday new changes for Facebook live broadcasts, starting February 19. Live videos will be available for replay, download, or sharing for 30 days, after which they will be automatically deleted. Users will receive notifications via email and in the app before...
Meta Platforms Inc. announced on Thursday that it will allow competing classified ad service providers to list their ads on Facebook Marketplace.The move comes after the European Union fined Meta €797 million in November for tying the Marketplace to its social network and using unfair practices...
X Corp.'s billionaire owner Elon Musk came out in support of calls for Meta Platforms CEO Mark Zuckerberg to unveil all government communications with Facebook regarding content moderation tied to COVID-19.Musk propped up a post on X asking for "the equivalent of the Twitter Files for...
United States Federal Trade Commission Chair (FTC) Lina Khan told CNBC on Tuesday that she hopes incoming President Donald Trump doesn't give tech giants a "sweetheart deal" in the pending antitrust cases her agency is leading."It is true that the FTC has been very successful, including in its...
Meta Platforms Inc. Chief Executive Officer (CEO) Mark Zuckerberg announced on Tuesday that the company will replace fact checkers with community notes similar to billionaire entrepreneur Elon Musk's X Corp.In a video on Facebook, Zuckerberg said that the goal of the move is "simplifying our...
Thousands of users experienced disruptions across Meta Platforms Inc.'s social media apps on Wednesday, including Instagram, WhatsApp, Facebook, Facebook Messenger, and Threads, the outage-tracking website Downdetector.com showed.According to the website, users had trouble sending...
The United States Supreme Court dismissed on Friday a lawsuit by Meta Platforms Inc.'s shareholders regarding Facebook's Cambridge Analytica scandal from 2018. Facebook asked the court to dismiss the class action lawsuit, which was previously greenlit by a lower court.The plaintiffs argued...
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