On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal ...
Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social ...
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls ...
A federal judge ruled on Wednesday that an FTC complaint alleging that Facebook's acquisitions of Instagram and WhatsApp were ...
In a statement to The Verge, Meta spokesperson Christopher Sgro said the company is “confident” the trial will show its ...
A federal judge ruled Wednesday that a Federal Trade Commission lawsuit accusing Facebook owner Meta of holding an illegal ...
Ad revenue reached $39.9 billion, increasing 19% YoY, boosted by AI-driven ad targeting and improved ad impressions.
The fine is the latest in a string of hefty penalties the commission, the regulator for the 27-nation European Union, has ...
Meta said in a statement that the decision fails to prove any ‘competitive harm’ to rivals or consumers and vowed to appeal.
"It is disappointing that the Commission has chosen to take regulatory action against a free and innovative service built to ...
The Commission also raised concerns about Meta’s terms of service, which, they argued, allowed the company to use ad-related ...