Why Meta’s Northern Europe chief is going all in on AI TECH Derya Matras, Meta's vice president for Northern Europe, sits down with City A.M. to explain how the company is looking to harness the power of AI and why the firm still believes in the Metaverse.
Meta’s stock tanks 15 per cent as AI spending rises, revenue outlook fails to impress Markets Shares of Meta, the parent company of Facebook and Instagram, experienced a significant drop of more than 15 per cent during after-hours trading.
Meta: Watchdog greenlights changes to advertiser data rules on Facebook Tech The UK’s competition watchdog has given the green light to new commitments from Meta to better protect the data of advertisers on Facebook. Since June 2021, the Competition and Markets Authority (CMA) has been looking into whether Meta has unfairly data from its advertising services to give its Facebook Marketplace an edge over competitors. After [...]
Consensys acquires wallet guard to strenghten MetaMask security July 5, 2024 In a significant move to enhance security, Consensys has acquired Wallet Guard, a renowned crypto security firm.
Meta faces European complaints over ‘gargantuan’ data collection February 29, 2024 Consumer groups have criticised Meta's ad-free offerings, which they say leaves users with an “unfair ‘pay-or-consent’ choice” in the face of mass data collection.
CMA: Amazon and Meta agree to retail competition improvements November 3, 2023 As part of the new commitments, Amazon has agreed to give independent sellers a fair chance of their offers being featured in the site’s “Buy Box”, where most sales on the platform take place.
Meta’s Whatsapp fined €5.5m by lead EU privacy regulator January 19, 2023 Meta’s Whatsapp subsidiary was fined €5.5m (£4.8m) on Thursday by Ireland’s Data Privacy Commissioner (DPC), its lead EU privacy regulator, for an additional breach of the bloc’s privacy laws. The DPC also told Whatsapp to reassess how it uses personal data for service improvements following a similar order it issued this month to Meta’s other [...]
Meta set for legal battle with UK firm of 10 people November 2, 2023 Facebook owner Meta is facing a legal challenge from a British software company called Threads, which employs just 10 people and says the tech giant has stolen their name.
Explainer: Does Meta need Trump more than Trump needs Meta? Probably not January 26, 2023 Big personalities, like winter colds and bad habits, always come back to haunt you. Donald Trump is no exception to this rule – and he just got back his platform to shout, very loudly, at your face. Facebook and Instagram – the Meta twins – decided to reinstate Trump’s account, two years after his suspension [...]
Meta’s independent board overturns police requested music video ban November 22, 2022 Meta’s oversight board has overturned the decision to remove a UK drill music video clip from Instagram following a request from the Metropolitan Police. The board, which is designed to issue independent judgments on the Facebook owner, said the video ‘Secrets Not Safe’ by Chinx, which referenced gang shooting, was wrongly banned, stating that it [...]