Meta fined record $1.9 billion for violating EU privacy rules
The penalty against Meta is the largest fine issued under the European Union’s data protection rules.
The penalty against Meta is the largest fine issued under the European Union’s data protection rules.
“Meta’s challenges were largely temporary,” says one analyst as shares of the Facebook parent mint a 92% rally this year.
The Facebook parent had its largest daily stock gain in a decade the day after its last earnings report.
Shares of the Facebook parent rose 4% following the announcement and are up 50% year-to-date.
Amid TikTok’s explosion in popularity, other social media platforms are trying out their own versions of its signature features.
The Meta-backed platform aims to help kids and teens get naked or sexual content of themselves removed from social media.
How a shamanic initiation gave Catriona Wallace a new drive to tame the metaverse Dr Catriona Wallace is in the Peruvian jungle, deep into a month-long shamanic initiation, when the inspiration hits her. She has the brewed ayahuasca tea lighting up her brain. And always the questions: “What is my path? What is my purpose?” […]
The program will launch in Australia and New Zealand this week, months after Twitter’s new owner Elon Musk rolled out a similar program.
Meta, the parent company of Facebook and Instagram, plans to appeal the decision.
It was a tough year for tech billionaires, Russian oligarchs–and Elon Musk.