Meta has been hit by the EU with a record fine of 1.2 billion Euros. The reason: Facebook transfers user data of EU citizens to US authorities. But the company also shares…
Meta removes several accounts involved in sextortion scams, saying there's a group called Yahoo Boys, based in Nigeria and are targeting mostly men and setting up fake relationships and, in the process,…
European antitrust regulators have charged Meta with violating the EU's competition law. Brussels has found Meta's new "pay or consent" advertising model in breach of the Digital Markets Act, which is designed…
Meta announced a 27 percent jump in Q1 revenues but still saw shares tank after hours, amid fears over the social media giant's increased capital expenditure on AI infrastructure.…