The Meta proposal to buy virtual reality company Within Unlimited is seeing some speedbumps in court, Bloomberg wrote, with the Federal Trade Commission issuing a challenge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
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Dealing with European Union bureaucracy remains an uphill battle for U.S. Big Tech firms. And for Meta (formerly Facebook), its clash with Ireland’s privacy watchdog is a prime example. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Meta is rolling out automation tools to help businesses make the most of their ad spending by leveraging automation and artificial intelligence (AI) in the midst of online privacy changes and overall economic challenges. Get the Full Story Complete the form to unlock this article...
With a lawsuit from the Federal Trade Commission (FTC) hanging over its head, Facebook’s parent company Meta is pausing its planned acquisition of the virtual reality (VR) experience and product developer Within, which is known for the popular fitness app Supernatural. Get the Full Story...
In conjunction with its Q2 earnings report, Meta — the company formerly known as Facebook — announced that as of Nov. 1, current Chief Financial Officer David Wehner would take on a new role as “Meta’s first chief strategy officer, where he will oversee the...
Meta Platforms reiterated its warning that it may have to pull its popular Facebook and Instagram services from the European Union if a new transatlantic data transfer pact doesn’t materialize. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Federal Trade Commission (FTC) just sued to block Meta from acquiring a VR company, saying it would put the social media giant “one step closer to its ultimate goal of owning the entire ‘Metaverse.’” Get the Full Story Complete the form to unlock this...
Meta will be changing how it uses resources for its Facebook News tab and Bulletin newsletter, intending to focus more on the creator economy, according to a memo sent to employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
