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The Latest Breaking News from Meta

EU slaps Meta, Apple with nearly $800m fines

The penalties are the first to be issued under the bloc’s Digital Markets Act.

Al Jazeera

Instagram cofounder Kevin Systrom skewers Mark Zuckerberg, saying Meta starved his business after buying it for $1 billion over a decade ago

Systrom testified that Instagram had the potential to thrive independently and did not require Meta’s infrastructure or resources to scale.

Fortune

Wall Street Expects This AI Stock to Bounce Back 82% This Year

Meta’s “year of efficiency” has already paid off.

Barchart

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2 ‘Strong Buy’ Mega-Cap Stocks That Wall Street Analysts Believe Will Rally More Than 20%

These two mega-cap stocks have “Strong Buy” ratings and more than 20% upside potential in 2025.

Barchart

Meta ‘hastily’ changed moderation policy with little regard to impact, says oversight board

Facebook and Instagram owner also criticised for leaving up posts inciting violence during UK riots

The Guardian - UK

EU fines Apple and Meta £600m for breaching competition rules

The European Commission said the tech giants breached the Digital Markets Act.

The Independent UK

EU Fines Apple And Meta $797 Million In First Crackdown Under New Digital Law

The move has drawn sharp criticism from the Trump administration, which has accused the EU of unfairly targeting American technology companies through regulatory overreach.

International Business Times

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Apple and Meta fined a combined £600m for breaching EU competition rules

The European Commission said the tech giants breached the Digital Markets Act.

Evening Standard

EU fines Apple and Meta under digital rules amid trade spat

In the midst of a trade war with the US, the European Commission imposed two fines on the digital giants and closed two cases against them which fell under its digital regulation.

Euronews

EU Slaps Fines On Apple And Meta, Risking Trump Fury

The EU on Wednesday slapped Apple and Meta with 700 million euros in fines for breaking digital competition rules, risking the wrath of US President Donald Trump.

International Business Times

The European Union fines Apple 500 million euros and Meta 200 million in separate digital cases

European Union watchdogs fined Apple and Meta hundreds of millions of euros as they stepped up enforcement of the 27-nation bloc’s digital competition rules

The Independent UK

Oversight Board overturns Facebook decision to leave up posts about summer riots

It said the three posts in question ‘created the risk of likely and imminent harm’ and ‘should have been taken down’.

The Independent UK

YouTube boss invoked Wiggles in 11th-hour email to government before exemption from Australian social media ban

Exclusive: TikTok claims Silicon Valley rival got ‘sweetheart deal’ from government after Michelle Rowland made surprise policy shift

The Guardian - AU

Most top-selling Meta Quest games all share one key trait

The top 50 best-selling Meta Quest games of all time have just been revealed, and the vast majority sport one thing in common.

Android Central

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TechRadar

I can't wait to try Edits, Instagram's answer to CapCut, and it's out now as a free download

It's finally launch day for Instagram Edits, a free video editor for Android and iOS that's designed to compete with the likes of CapCut.

Evening Standard

Instagram launches new video creation app Edits to rival TikTok

The announcement comes as TikTok faces an uncertain future in the US because of a looming ban linked to national security concerns.

The Guardian - US

The US government is coming for Google and Meta – but what will happen next?

Google suffered another defeat last week in its clash with the justice department, while Meta hasn’t been able to wriggle its way out of antitrust cases either

Fortune

FTC is suing Uber over ‘deceptive’ Uber One subscription service

The Federal Trade Commission has filed a lawsuit against Uber, alleging the company used deceptive practices to market and manage its Uber One subscription service.

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Fortune

Morgan Stanley believed Google would rival Facebook if the search giant could beat Mark Zuckerberg to scooping up WhatsApp

Zuckerberg worried about Google diving into social media, and created a competitive buffer around Meta through M&A, according to allegations in court documents.

The Independent UK

Trump and Melania host White House Easter Egg Roll - where Big Tech has become the primary sponsor

Several companies, such as Amazon, YouTube and Meta, sponsored a myriad of event stations

Euronews

Instagram tests AI to catch underage users as part of teen safety push, Meta says

As scrutiny grows over social media’s impact on teens, Instagram is ramping up safety tools. New AI systems will flag underage users who misrepresent their age when signing up.

MarketBeat

Applied Digital: AI Data Center Hype or Real Value?

Applied Digital made the pivot in 2022 to explore HPC hosting in addition to hosting crypto miners and has been pursuing hyperscalers for their Ai data centers.

The Independent UK

Instagram tries using AI to determine if teens are pretending to be adults

Instagram is expanding its use of artificial intelligence to determine if kids are lying about their ages on the app, parent company Meta Platforms said on Monday

Android Central

Forget iOS vs. Android, the smart glasses war between Apple, Meta, and Google should be much more fun

The race to sell AR and smart glasses is all about breaking into the mainstream. And Meta has shown how Big Tech needs outside help to pull this off.

Android Central

AR running glasses aren't there yet, but the future is almost here

These particular glasses are imperfect, but don't be surprised if Meta, Google, and others try to tempt runners and cyclists with AR glasses soon.

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