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...months to show that they are compliant with the rest of the rules, including a legal requirement to ask users for consent if companies want to merge data from different services, such as Instagram and Facebook...
...On Wednesday, the Facebook parent detailed charges of $4.6bn related to restructuring....
...Google’s parent Alphabet, Facebook parent Meta and enterprise software giant Salesforce are among the US technology groups seeking to abandon leased office space in London and Dublin, according to people...
...Apple and Google-owner Alphabet were accused of favouring their own app stores while Facebook-owner Meta is being probed over its use of personal data for advertising....
...The European Commission, the bloc’s executive arm, announced official probes on Monday into whether Apple and Google owner Alphabet were unduly favouring their own app stores, as well as Facebook owner Meta...
...Unhedged: Lastly, let’s talk about Facebook/Meta....
...Facebook, Amazon and Apple did not respond to requests for comment....
...The justices’ unanimous decision is a significant victory for big technology companies such as Google, Twitter and Facebook owner Meta, which have relied heavily on the protections granted by Section 230...
...Ian’s family are behind one of 147 product liability lawsuits collectively filed in the US against major social media platforms — Facebook, Instagram, TikTok, Snapchat and YouTube....
...— and argued that the social media giant lowered its privacy standards as soon as it had defeated its rivals....
...In December, Facebook owner Meta was served with a complaint from the EU’s watchdogs over concerns that the social network’s classified advert service is unfair to rivals....
...Meta, formerly known as Facebook, could add to the concerns if, as expected, it reports that its revenue slipped 5 per cent in the third quarter....
...Facebook’s operating margin collapsed, falling from 36 per cent to 20 per cent, while Alphabet’s margin dropped 7 percentage points, to 25 per cent....
...These social platforms have neither capital nor compelling side ventures to allocate it to....
...On Tuesday, Reuters’ Milana Vinn reached out to a bagholder: Aliya Capital Partners LLC, one of the biggest investors that joined Elon Musk’s $44-billion acquisition of Twitter Inc, said on Tuesday it expects...
...Only Meta, which is hunting for a new future beyond its Facebook social network, has been pushing hard on the idea....
...In contrast, executives at Facebook’s parent company Meta have embraced virtual working as a permanent alternative, with a growing list of its top executives dispersing to different countries and time zones...
...Similar moves across the Atlantic would address accusations that Amazon, Apple, Facebook and Google abuse their monopoly position to pump their own products ahead of rivals’ offerings....
...advertisements to reach the customers that they’d helped Facebook to onboard....
...Both will be replaced by Jay Sullivan, who joined the company from Meta-owned Facebook in November as a vice-president of product....
...The bill, which has been championed in the Senate by the Democratic senator Amy Klobuchar and in the House by her party colleague David Cicilline, specifically targets Amazon, Alphabet, Apple and Facebook...
...Shares in the social media platform plunged 23 per cent on Thursday as investors fretted that a weak revenue forecast from Meta, parent of Facebook, would spill over into the wider digital advertising sector...
...Social media companies like Twitter, Facebook and Reddit are creating new features that integrate NFTs into their platforms in a bet that the digital tokens will become mainstream....
...“Microsoft has realised that it doesn’t want to be associated with Google, Facebook and Amazon,” said Barry Lynn, executive director of the Open Markets Institute, an anti-monopoly campaign group....
...Facebook said in a statement on Wednesday that it would require anyone coming to work at its US campuses to get vaccinated....
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