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EU says Meta's paid ad-free option breaches rules – DW – 07/01/2024
Deutsche Welle· 4 days agoThe European Union on Monday accused Facebook owner Meta of noncompliance with the bloc's digital...
Weekly AI Bubble Watch: What Stocks Will Do After AI Euphoria Fades
Baystreet· 7 days agoFor over a year, the S&P 500 (SPY) and Nasdaq (QQQ) relied on heavyweight technology names to lift the index. Microsoft (MSFT) rose, followed by Meta Platforms< ...
EU Fines Meta Over Ad-Free Business Strategy
TechBullion· 4 days agoThe EU alerts Meta that its ad-free business strategy on Facebook and Instagram would violate DMA, putting the company at risk of fines equal to 20% of worldwide sales. EU ...
Meta's Latest Smart Glasses Introduce ChatGPT-4 and Camera Capabilities
Inferse.com· 5 days agoMeta has unveiled its latest iteration of smart glasses, featuring significant upgrades that directly challenge the conventional smart eyewear market. The latest model offers ...
Canada Enacts Digital-Services Tax Despite US Retaliation Threat
Financial Post· 24 hours agoIt would apply only to companies with annual worldwide revenue of more than about C$1.1 billion. It...
Australia PM Says Arrogant Meta Should Pay Outlets for News
Bloomberg· 6 days agoAustralian Prime Minister Anthony Albanese called social media companies arrogant and irresponsible,...
Supreme Court Sends Social Media Laws Back to Lower Courts
Bloomberg via Yahoo Canada News· 3 days ago(Bloomberg) -- The US Supreme Court sent a pair of cases about state laws that restrict social media...
Threads reaches 175M active users; celebrates first anniversary
9to5Mac· 1 day agoIt’s been almost a year since Threads, Meta’s microblogging platform, became available to the...
Meta’s Ad-Free Subscription Violates Competition Law, E.U. Says
New York Times· 4 days agoRegulators said the subscription service introduced last year is a “pay or consent” method to...
Europe’s privacy laws put Meta in a tight spot. Now its antitrust laws are going in for the kill
Fortune via Yahoo Finance Canada· 3 days agoApple stands accused primarily of making it difficult and overly expensive for app developers to...