The Latest Breaking News from Meta

Privacy watchdog Irish Data Protection Commission penalized Meta Platforms Inc (NASDAQ:FB) €17 million ($19 million) for failing to prevent a series of data breaches on its Facebook platform in 2018, Bloomberg reports. The breach affected up to 50 million accounts.  "This fine is about record-keeping practices from 2018 that we have since updated,…

Ireland's data regulator on Tuesday said it was imposing a 17 million euro ($18.7 million) fine on Facebook parent Meta Platforms after an inquiry into 12 data breach notifications the regulator received in 2018. The country's Data Protection Commissioner said it had found that "Meta Platforms failed to have in…

Facebook owner Meta Platform Inc (NASDAQ:FB) is looking to hire 2,000 people over the next five years in Spain, Reuters reports. The 2,000 employees will mainly staff the company's first 'lab,' a flexible base for its remote workers, in Madrid. Facebook will establish a Metaverse Innovation Hub with local telecoms firm Telefonica SA (NYSE:TEF). Spain…

In a statement on Tuesday, the DPC said that it had found that Meta had breached EU data protection rules.

eBay, Inc (NASDAQ: EBAY), Meta Platforms, Inc (NASDAQ: META) and Lululemon Athletica, Inc (NASDAQ; LULU) have created double bottom and triple bottom patterns on the daily chart.

Another round of committee hearings into the anti-trolling bill has received further criticism from social media companies.

Facebook owner Meta Platforms will help train Australian political candidates on aspects of cyber security and coach influencers to stop the spread of misinformation in a bid to boost the integrity of an upcoming election, it said on Tuesday.

Instagram’s parent company Meta was declared an ‘extremist organisation’ by Vladimir Putin’s government

Facebook's parent company Meta will have dedicated staff monitoring the platform in the coming Australian federal election. But it's the safety of politicians that also has the company's attention.

BofA analyst Justin Post lowered Meta Platforms Inc's (NASDAQ:FB) price target to $290, down from $330, but reiterated a Buy. The price target implies an upside of 54%. Post noted that Russia's invasion of Ukraine would have a "modest impact" on advertising sales of the Facebook parent. Also Read: Deutsche Bank Still Finds Big Tech…

Update from parent company Meta says ‘calls for the death of a head of state’ are banned