As the DAX index stabilizes at around 20,385 points, experts caution that profit-taking may hinder further market gains after a recent rally that peaked at 20,426 points. Market analysts express concerns about overbought conditions and falling support from key stocks,…
The possibility of a TikTok ban in the United States is becoming increasingly real following a federal court’s decision to uphold a new law that could lead to the prohibition of the platform by mid-January. TikTok plans to appeal to…
Nick Clegg, former UK Deputy Prime Minister and now Meta’s President for Global Affairs, expressed concerns that Elon Musk is playing an outsized role in American politics, potentially becoming a ‘political puppet master.’ During an interview, Clegg discussed Musk’s influence…
In a recent podcast interview, Nick Clegg, former UK Deputy Prime Minister and current President of Global Affairs at Meta, described Elon Musk as a ‘political puppet master’ influencing U.S. elections and shaping the new Trump administration. Clegg criticized Musk’s…
Nick Clegg, President of Global Affairs at Meta, criticized the European Union’s approach to artificial intelligence regulation as fragmented and counterproductive. Speaking in Dublin, he highlighted the challenges posed by varying data protection authorities across member states, which hinder a…
The European Commission has imposed an €800 million fine on Meta, citing the company’s abuse of its market power to promote Facebook Marketplace. The EU argues that all Facebook users are automatically exposed to Marketplace, giving Meta an unfair advantage…
Meta Platforms has been fined €798 million by the European Commission for violating competition laws by unfairly integrating Facebook Marketplace into its social network. The Commission reported that this practice disadvantaged competing classified ad services, hindering their ability to compete…
The European Commission has imposed a hefty fine of €797.72 million on Meta, the parent company of Facebook, for breaching antitrust laws. The penalty arises from Meta’s unfair practices linking its Facebook Marketplace with the social networking service, unfairly disadvantaging…
The European Commission has imposed a record fine of €797.72 million on Meta, the parent company of Facebook, for violating EU antitrust regulations. The commission accused Meta of unfairly linking its Facebook Marketplace service to its social network, disadvantaging competitors…
Meta has announced new ad options for Facebook and Instagram, implementing unskippable ads for a few seconds for users opting for less personalized advertising. This change aims to enhance advertiser reach while addressing European Union regulatory feedback. Users will have…
Meta has updated its policy to allow military applications of its artificial intelligence (AI) technologies, reversing previous restrictions. This decision, announced on November 4 by Nick Clegg, aims to support America’s security and economic interests. The company will provide its…
