The decision is one of the most consequential issued under the E.U.’s landmark data-protection law and creates a new business headwind for the social media giant.
Category: Meta Platforms Inc
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Meta Fined $414 Million After Ad Practices Ruled Illegal Under EU Law
The New York Times – Business: -
Meta Fined $414 Million After Ad Practices Ruled Illegal Under EU Law
The New York Times – Business:The decision is one of the most consequential issued under the E.U.’s landmark data-protection law and creates a new business headwind for the social media giant.
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How Sam Bankman-Fried Negotiated His Bail
The New York Times – Business:Intense legal wrangling led to the disgraced crypto mogul paying virtually nothing to live with his parents ahead of his upcoming trial. He returns to court on Tuesday.
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Your Memories. Their Cloud.
The New York Times – Business:Google, Apple and Meta offer near-limitless digital basements in which to store photos, videos and important documents, but you should keep a copy of what you hold most dear.
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The Week in Business: Who Comes After Elon Musk?
The New York Times – Business:Mr. Musk said that he would resign as Twitter’s chief executive once he found a successor “foolish enough to take the job.” YouTube reaches deal for the rights to stream N.F.L.’s Sunday Ticket games. And Mark Zuckerberg appears in court in an antitrust hearing.
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Mark Zuckerberg Testifies About Meta’s Virtual Reality Ambitions
The New York Times – Business:Meta’s chief executive made a rare court appearance as the Federal Trade Commission tries to block his company’s purchase of the virtual reality start-up Within.
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Elizabeth Warren Raises Questions About Elon Musk and Twitter
The New York Times – Business:In a letter to Tesla’s board, the Democratic senator asks whether investors have been harmed by the billionaire tech mogul’s time running the social network.
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Virtual Reality Pioneer Is Leaving Meta
The New York Times – Business:John Carmack, who was chief technology officer of Oculus, which Meta bought, is departing the company.
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Tech Trade Group Sues California to Halt Children’s Online Safety Law
The New York Times – Business:NetChoice, whose members include Amazon, Google, Meta and TikTok, said the new law could cause online services to limit important content for minors.
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Meta Battles F.T.C. in Court Over Future of Virtual Reality
The New York Times – Business:A trial that began Thursday will serve as a test of the Federal Trade Commission’s argument that Facebook’s parent company is trying to buy its way to dominance in the nascent virtual and augmented reality markets.
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Why Losing to Meta in Court Could Still Be a Win for Antitrust Regulators
The New York Times – Business:As the Federal Trade Commission prepares to face off in court against Meta over a V.R. start-up deal, the agency is testing a novel argument as part of a strategy to push antitrust law.
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Twitter’s Rivals, Including Meta, Try to Capitalize on Musk-Induced Chaos
The New York Times – Business:New start-ups and other social platforms sense opportunity as Twitter grapples with changes from Elon Musk, its new owner.