Meta

Meta
Meta Fined $413M for GDPR Breaches
January 04, 2023

Facebook parent company Meta is facing 390 million euros ($413.4 million) in fines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Meta
New Year, Same Data-Privacy Woes for Meta’s Advertising Cash Cow
January 04, 2023

Ireland’s Data Protection Commission (DPC) says Meta’s ad-centric business model is noncompliant with European regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Meta
Metaverse Will Keep Getting 20% of Meta’s Investments 
December 19, 2022

Meta will continue to devote 20% of its investments to its metaverse business.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Meta
Facebook Dating Adds Age Verification
December 05, 2022

Meta Platforms has been testing technology to keep users under 18 from accessing adult-oriented experiences. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Meta
EU Governments Could Ditch Facebook Platform Over Poor Data Handling
December 01, 2022

The Dutch government will stop using Facebook if private data handling is not improved. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Meta
Zuckerberg: Social Media Is Meta’s Primary Focus
November 30, 2022

The company that rebranded from Facebook to Meta is still focused on social media.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Meta
FTC and Meta Spar in Antitrust Case Over Acquisition of VR Developer
November 22, 2022

In a suit that aims to block Meta Platforms’ acquisition of virtual reality fitness app developer Within Unlimited, the Federal Trade Commission (FTC) reportedly said Meta stopped its plans to build such an app itself — thereby stifling competition — while Meta said it never...

Meta
Meta Kills Portal Hardware Business
November 13, 2022

Meta Platforms reportedly plans to end its Portal smart display and its smartwatch projects as it focuses on core businesses in the wake of sweeping job cuts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Meta Invests in Metaverse Plans Amid Sweeping Layoffs
November 09, 2022

In the middle of the first mass layoffs in its history, Meta is set to purchase Audio Analytic as part of CEO Mark Zuckerberg’s metaverse ambitions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...