business
/
markets

Meta Faces $844M Fine for 'Abusive' Practices on Facebook Marketplace

2 hours ago

Meta Faces $844M Fine for 'Abusive' Practices on Facebook Marketplace
Generated image for illustrative purposes:

7 Highlights

  • Meta fined by EU for 'abusive' Marketplace practices, totaling €798M.
  • The fine links to the integration of Marketplace within Facebook's network.
    • EU says integration gives Marketplace unfair advantage over rivals.
    • EU demands Meta to cease favoring Marketplace in its platform.
    • Meta disagrees with ruling, plans to appeal citing lack of harm evidence.
    • This penalty underscores EU's regulatory challenges for Meta.
    • Meta delays new AI models due to EU regulatory uncertainties.
0 Comments

0 Comments

Be the first to comment

Add your thoughts and get the conversation going.

Related Articles

Ole Miss Prepares for Critical Games with Focused Practice and Redshirt Strategies
Generated image for illustrative purposes:

Ole Miss Prepares for Critical Games with Focused Practice and Redshirt Strategies

8 minutes ago

  • Ole Miss emphasizes practice to enhance game performance.
    • Coach Wells believes practice is key to team's success.
    • Juice Wells leads Ole Miss with rigorous practice.
    • Ole Miss uses bye week for strategic game preparation.
    • Redshirt status offers Ole Miss tactical advantages.
    • Several players maintain redshirt eligibility for flexibility.
    • Two games remain in Ole Miss's 2024 regular season.
0
Epic Games Revives Classics: Unreal & Unreal Tournament Now Free Online
Generated image for illustrative purposes:

Epic Games Revives Classics: Unreal & Unreal Tournament Now Free Online

11 minutes ago

  • Epic Games releases 'Unreal' for free on the Internet Archive.
    • 'Unreal Tournament' now free for download, supports online play.
    • Old Unreal community revealed free release in October 2023.
    • Official multiplayer servers closed in January 2023.
    • Fan-run servers keep 'Unreal' community gameplay alive.
    • 'Unreal' was first released in 1998 by Bleszinski and Sweeney.
    • Epic preserves gaming history after removing games from stores.
0
Graeme Sharp's Absence from Goodison Farewell: A Crying Shame?
Generated image for illustrative purposes:

Graeme Sharp's Absence from Goodison Farewell: A Crying Shame?

12 minutes ago

  • Everton legend Graeme Sharp may skip Goodison's farewell due to board ties.
    • Sharp, who scored 159 goals for Everton, distanced himself over management issues.
    • Sharp's 1984 goal against Liverpool was key in Everton's league title win.
    • Goodison Park farewell marks 40 years since Everton's historic 1984 triumph.
    • Fans demanded 'Sharp Out' due to his links with club's controversial figures.
    • Club urged new owners to reconcile with Sharp for the farewell celebration.
    • Goodison Park’s walls still honor Sharp, highlighting his impact on Everton.
0
Confidence in Backup QB Malachi Singleton Boosts Arkansas Ahead of Texas Game
Generated image for illustrative purposes:

Confidence in Backup QB Malachi Singleton Boosts Arkansas Ahead of Texas Game

12 minutes ago

  • Backup QB Malachi Singleton shows readiness for Texas after Ole Miss performance.
    • Singleton impressed with 207 yards, 1 TD, completing 11 of 14 passes.
    • His dual-threat ability shines, showcasing precision and running skills.
    • Coach Sam Pittman praises Singleton's potential after stepping in for injured starter.
    • Singleton's role is crucial as Arkansas gears up for the Texas clash.
    • Razorbacks recall past victories, adding emotional significance to Texas game.
    • Arkansas strengthens QB backup depth for critical upcoming games.
0
Hyundai Appoints New CEO Amid Strategic Shift and U.S. Market Preparations
Generated image for illustrative purposes:

Hyundai Appoints New CEO Amid Strategic Shift and U.S. Market Preparations

16 minutes ago

  • Hyundai appoints new CEO to strengthen U.S. market position.
    • Leadership change part of Hyundai's global expansion strategy.
    • Appointment aims to drive growth in competitive auto sector.
    • Hyundai's decision influenced by shifting geopolitical factors.
    • New leadership reflects adaptation to global trade dynamics.
    • Hyundai focuses on enhancing international operations.
    • Company seeks fresh perspectives to boost market influence.
0

Log in to continue reading

Unlimited Access
Personalized Feed
Full Experience

By continuing, you agree to the Privacy Policy. You also agree to receive our newsletters, you can opt-out any time.

Explore Your Interests

Create an account and enjoy content that interests you with your personalized feed

Unlimited Access
Personalized Feed
Full Experience
By continuing, you agree to the Privacy Policy.. You also agree to receive our newsletters, you can opt-out any time.