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Stories published on Nov 14
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  • Stories published on Nov 14

Thursday, Nov 14

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European Commission issues Meta with hefty fine for tying Facebook and Marketplace

www.gsmarena.com

The European Commission (EC) is at it again, issuing another hefty fine to a US tech giant. This time it's Meta and the fine is €797.72 million (about $843.1 million).

20

Facebook Switches to ‘Views’ as Its Primary Metric

Facebook's following Instagram's lead in making 'Views' its focus metric.

19

Meta Hit With $841 Million EU Fine Over Antitrust Violations Tied To Facebook Marketplace

www.benzinga.com

The European Commission has penalized a $841 million (797.72 million euros) fine to Meta Platforms Inc (NASDAQ:META) for violating EU antitrust laws.

Facebook Adds Bot to Mushroom Foraging Group That Urges Members to Eat Deadly Fungus

futurism.com

You're Toxic Over on Facebook, the latest frontier of AI misinformation is taking the form of a poisonous mushroom. As our friends at 404 Media report, a Facebook group geared towards helping mushroom foragers identify their fungi finds…

EU fines Meta 797 million euros over Facebook marketplace integration

nairametrics.com

The European Commission has imposed a €797.72 million fine on Meta for breaching European Union (EU) antitrust rules by linking its classified ads platform, Facebook Marketplace, directly to its core social network, Facebook, and imposing…

18

Mum who sold 8-month-old baby on Facebook Marketplace wanted it back a week later

www.mirror.co.uk

The mum is alleged to have met up with a woman after striking up a conversation on Facebook Marketplace and ended up handing over her son to her - one week later she regretted her decision

Meta Hit With $844M Fine Over 'Abusive' Facebook Marketplace Practices

www.cnet.com

The European Commission says Facebook's parent company is undermining its rivals by embedding its classified ads platform within the social network.

Meta to Appeal EC Decision in Facebook Marketplace Antitrust Case

www.pymnts.com

Meta said Thursday (Nov. 14) that it will appeal the European Commission’s (EC) decision in a case alleging practices involving Facebook and Facebook Marketplace that cause competitive harm. The EC announced Wednesday (Nov. 13) that it…

17

EU Fines Meta €797 Million for Allegedly Forcing Facebook Users into Marketplace

techeconomy.ng

In allegedly making Marketplace accessible only through Facebook, Meta is accused of creating an uncompetitive environment for other classified ad platforms

EU fines Meta $842 million in a Facebook Marketplace antitrust case

www.engadget.com

The executive arm of the European Union isn’t shying away from slapping major tech companies with hefty fines. The European Commission has fined Meta €797.12 million ($842 million) for violating antitrust regulations.

Meta fined £660m for EU competition rule breaches over Facebook Marketplace

www.mirror.co.uk

The ruling also said Meta had unilaterally imposed unfair trading conditions on other classified ads services providers who advertise on Meta’s platforms

Meta hit with $840 million fine for linking Facebook and Marketplace

www.theverge.com

Almost two years after EU regulators first accused Meta of “abusive practices” that gave the tech giant unfair market advantages, the European Commission has fined Meta €797.7 million (around $840 million). The combination of forcing…

Nigeria: No Bomb Blast in Nigeria's Plateau State On 12 November 2024 - Ignore Facebook Posts

allafrica.com

No bomb blast in Nigeria's Plateau state on 12 November 2024 - ignore Facebook posts

Meta fined €798m over 'unfair' Facebook Marketplace

www.bbc.co.uk

The European Union says the tech giant crowded out rivals, breaching competition law.

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EU fines Meta £660m for competition rule breaches over Facebook Marketplace

www.expressandstar.com

The European Commission said Meta had acted illegally in tying the Marketplace to the social network arm of the platform.

EU fines Meta £660m for competition rule breaches over Facebook Marketplace

www.shropshirestar.com

The European Commission said Meta had acted illegally in tying the Marketplace to the social network arm of the platform.