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Meta threatens to yank news content from california over payments bill

facebook owner Meta Platforms said on Wednesday it would remove news content in its home state of Calif...

May 31, 2023, 1:47 pm

3 metaverse stocks to sell as they fail to deliver

Since facebook formally changed its name to Meta (NASDAQ: META ), the Metaverse has been a siren song...

May 29, 2023, 10:40 am

Facebook-giphy sale shows how fear of regulators is slowing m&a market

A global network of regulators weigh in on tech deals large and small, forcing divestitures and blocking acquisitions at a challenging moment for the ...

May 26, 2023, 2:48 pm

From silicon valley to london: winklevoss twins plot crypto pivot

Cameron and Tyler Winklevoss, billionaire twins known for alleging that Mark Zuckerberg stole their idea for the creation of Facebook, are planning to...

May 25, 2023, 8:01 am

facebook urged to 'stand up for babies' over unsafe formula milk ads

Facebook's failure to stop open containers of baby formula being traded online has put infants in danger, campaigners and charities say....

May 24, 2023, 1:05 pm

Meta's business groups cut in latest round of layoffs

Facebook-parent Meta on Wednesday began cutting employees in its business groups as part of a previously announced round of layoffs, according to soci...

May 24, 2023, 11:40 am

facebook owner meta sells giphy and takes plus $260m loss after uk antitrust order

facebook parent Meta will sell Giphy Inc. to Shutterstock for $53 million, well below the $400 million ...

May 24, 2023, 4:40 am

Meta platforms books 87% loss on giphy in forced sale to shutterstock

facebook owner Meta Platforms Inc (NASDAQ:FB) has sold Giphy, the animated GIF search engine it bought ...

May 24, 2023, 3:22 am

Meta to lose millions as it moves to meet uk order to sell animated images supplier

Meta Platforms, Facebook's owner, has agreed to sell Giphy to Shutterstock for $53m (£42m), just three years after reportedly paying $400m for the an...

May 24, 2023, 2:57 am

facebook parent meta sells giphy to shutterstock for $53 million under pressure from uk regulator

Shutterstock is said today it's buying Gipy from Meta Platforms for $53 million in cash with the deal expected to close in June. Giphy has world's lar...

May 23, 2023, 4:30 pm

Meta sells giphy to shutterstock, ending u.k. antitrust fight

The photo repository company is paying Facebook's parent $53 million, hundreds of millions less that what Meta paid....

May 23, 2023, 11:09 am

How meta got caught in tensions between the us and eu

Facebook-parent Meta has perhaps become the most high-profile casualty of a long-running privacy dispute between Europe and the United States — but ...

May 23, 2023, 7:55 am

Facebook, twitter had their turn — balaji srinivasan says ‘2024 may be the first bitcoin election’

Former Coinbase CTO, Balaji Srinivasan, is predicting that Bitcoin BTC/USD will hold a significant influence in the United States Presidential electio...

May 23, 2023, 5:59 am

Facebook's $1.3 billion fine is one of the largest levied by eu against big tech

The European Union's (EU) $1.3 billion fine against facebook on Monday was the third-largest ever again...

May 22, 2023, 1:20 pm

Eu slaps meta with $1.3 billion fine over data privacy concerns

Meta was fined $1.3 billion on Monday for mishandling European facebook users' data. The company said i...

May 22, 2023, 9:27 am

Meta warned that its record $1.3 billion fine sets a 'dangerous precedent' when the internet is already 'fracturing under pressure from authoritarian regimes'

Meta was handed a record $1.3 billion fine by the European Union on Monday. That was over concerns that facebo...

May 22, 2023, 8:50 am

5 things to know before markets open

President Joe Biden and House Speaker Kevin McCarthy will meet today in a another effort to avoid a default and the European Union issued a record dat...

May 22, 2023, 7:30 am

Meta hit with record fine, backtracks on facebook closure warning

Meta Platforms Inc (NASDAQ:FB) has been fined €1.2bn (US$1.3bn) and ordered to stop transferring user data from Europe to the US, a move previously ...

May 22, 2023, 7:02 am

Meta slapped with record $1.3 billion eu fine over data privacy

Meta has been fined a record-breaking €1.2 billion ($1.3 billion) by European Union regulators for transferring the personal data of Facebook's EU u...

May 22, 2023, 6:39 am

facebook owner meta fined €1.2bn for mishandling user information

Penalty from Ireland's privacy regulator is a record for breach of EU data protection regulation...

May 22, 2023, 6:00 am


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