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EU Fines Apple and Meta

CNN on MSN · 40m

Europe whacks American Big Tech with $797 million in fines. Meta cries ‘tariff’

The European Union has fined Apple and Meta a combined €700 million ($797 million) in the first enforcement of its landmark digital competition law.

EU Fines Apple $570 Million And Meta $228 Million For Digital Market Rules Violations

The European Commission's ruling against the tech giants could stoke trade tensions between the EU and the U.S.

The Verge on MSN · 2h

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 · 17h

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 · 20h

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.

Bloomberg on MSN · 20h

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 Mark Zuckerberg treated Instagram’s growth as a “threat” and starved it of resources.

29mon MSN

French media companies sue Meta over business practices

By Sudip Kar-Gupta PARIS (Reuters) -French media companies, including TF1, France TV and BFM TV, are suing Facebook owner ...

4h

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 ...

13hon 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 ...

9h

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 ...

20hon 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 ...

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 ...

The Financial Express on MSN1d

Meta’s new AI tool targets age fraud on Instagram

From what is understood, the move is part of a broader initiative to create safer, age-appropriate digital spaces for younger ...

Interesting Engineering on MSN1d

Instagram expands teen protection, uses AI to catch users lying about their age

In a bid to keep kids safer online, Instagram is stepping up its efforts to detect users who lie about their age. Meta, the ...

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