Meta

CMA Fines Meta $2M for Violating Initial Enforcement Order
CMA Fines Meta $2M for Violating Initial Enforcement Order
February 04, 2022  |  Regulation

The Competition and Markets Authority on Friday (Feb. 4) announced it has fined Meta 1.5 million pounds (more than $2 million) for failing to tell...

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Google May Be Luckier on Media Competition Bill Than on App Store Bill 
Google May Be Luckier on Media Competition Bill Than on App Store Bill 
February 04, 2022  |  Legal

Google just completed a week with more news headlines than it probably wanted. Some of them were very positive, like earnings in the last quarter...

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EMEA Daily: Social Media Giants Join Forces to Fight Germany’s Tough Online Hate Speech Rule; Regulators Find Europe’s AdTech Sector Broke Privacy Rules
EMEA Daily: Social Media Giants Join Forces to Fight Germany’s Tough Online Hate Speech Rule;...
February 03, 2022  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, four social media giants are suing the German government over its online hate speech law,...

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Facebook Loses Ground to TikTok, YouTube as Use of Video Apps Surges
Facebook Loses Ground to TikTok, YouTube as Use of Video Apps Surges
February 03, 2022  |  Facebook

News from Meta that daily active users (DAUs) on its flagship Facebook platform fell by 1 million through the fourth quarter of 2021 begs the...

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Social Media Mega Firms Join Forces to Fight Germany’s Tough Online Hate Speech Rule
Social Media Mega Firms Join Forces to Fight Germany’s Tough Online Hate Speech Rule
February 03, 2022  |  Legal

Rival social media giants Facebook (Meta), TikTok, Twitter and YouTube have united to sue the German government over its strengthened online hate speech law, Politico...

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Earnings Season Commentary Signals Pullback in Lower-Income Consumers’ Spending
Earnings Season Commentary Signals Pullback in Lower-Income Consumers’ Spending
February 03, 2022  |  Economy

Consumer spending — in particular, spending by lower income consumers — may be running out of gas. It’s an often-cited stat that spending by individuals...

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Meta Earnings Hit By Metaverse Investments As Stock Plunges 20%
Meta Earnings Hit By Metaverse Investments As Stock Plunges 20%
February 02, 2022  |  Earnings

Facebook parent Meta said it would miss analysts’ expectations in Q1 2022, and the metaverse is to blame. Okay, that’s probably unfair, given that Apple...

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Meta Reportedly in Talks to Buy Audio Software Startup for Content Creators
Meta Reportedly in Talks to Buy Audio Software Startup for Content Creators
February 01, 2022  |  Acquisitions

Facebook’s parent company Meta Platforms is reportedly closer to sealing an acquisition deal for the Greek audio software startup Accusonus, which specializes in easy-to-use tools...

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Silvergate Closes on $182M Deal to Purchase Facebook’s Digital Currency Project Diem
Silvergate Closes on $182M Deal to Purchase Facebook’s Digital Currency Project Diem
February 01, 2022  |  Acquisitions

Silvergate Capital Corp. has acquired Facebook’s Diem Group’s blockchain payment network, the California-based provider of financial solutions for the emerging digital currency industry announced Monday...

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