Meta Platforms Inc. refutes the FTC antitrust lawsuit, arguing that consumers benefit from the acquisition of Instagram and WhatsApp, challenging FTC's narrow market definition.
Tags: Facebook
7 Iconic Brands With Surprising Names Before Getting Into Fame
Famous brands changed their names, showing how even big companies evolve to stay relevant in the market.
Ex- DEI Manager Barbara Furlow-Smiles Receives 5-Year Imprisonment for Allegedly Stealing $5 Million From Facebook, Nike
Federal authorities convicted a former diversity manager at Facebook and Nike to five years and three months for stealing more than $5 million in DEI funds.
Facebook, Instagram Face EU Probe Over Suspicions of Failing to Impose Child Protection Policies
The European Union is investigating Facebook and Instagram under concerns of insufficient child protection measures, with Meta facing scrutiny regarding compliance with digital regulations, particularly focusing on age verification tools and privacy safeguards for minors.
Elon Musk Slams Mark Zuckerberg's Meta for Engaging in 'Super Greedy' Advertising Practices
Elon Musk, who owns the social media platform X, has criticized Meta for being "super greedy" in taking credit for advertisers running campaigns on its platform.
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In May 2024, Meta plans to add the phrase "Made with AI" to content generated or manipulated by AI, citing transparency and the desire to prevent needless limitations on free speech.
Recently revealed court documents claim that Meta had a covert operation called 'Project Ghostbusters' aimed at spying on Snapchat.
A man sued 10 women over negative Facebook posts. Here's what the guy complains about. A photo taken on November 17, 2023 shows the logo of US online social media and social networking service Facebook on a smartphone screen in Frankfurt am Main, western Germany.
U.S. prosecutors in Virginia are investigating Meta over alleged illegal drug trade involvement, with subpoenas targeting records related to drug activities on Meta's platforms.
Meta might be penalized by South Korea's antitrust office for allegedly failing to protect local consumers on its Facebook and Instagram marketplaces against fraudulent transactions.
Meta is developing an AI system to power its video recommendation engine across all its platforms, including Facebook.
Meta's stock price also saw a 1.6% decline after a "technical issue" on Tuesday morning, affecting users for 2 hours.
The outage affecting Facebook, Instagram, and Threads lasted approximately two hours after Meta announced they were working on it.
The Online Harms Act mandates internet platforms to regulate and remove harmful content, drawing parallels with European initiatives.
