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Meta experiments with an app store in the EU, TikTok expands ecommerce, NBCUniversal adds more FAST channels.
Meta launched its own Twitter rival, Threads, on Wednesday. In 24 hours, the social media app had 30M users.
The Online News Act passed, so Meta is moving forward with its plans to block news in Canada on Facebook and Instagram.
Meta threatens to remove California news from its Facebook and Instagram platforms if the California Journalism Protection Act is passed.
After the UK’s Competition & Markets Authority forced a sale, Meta sold GIPHY to Shutterstock for $53M.
Meta has been fined $1.3B for violating GDPR in how it transferred user data from the EU to the US. Meta is appealing.
In its first quarter 2023 financial report, Meta reveals the impact of restructuring on expenses and headcount.
Two senators are reintroducing the Journalism Competition and Preservation Act to even the playing field between big tech and digital publishers.
After a month of testing in New Zealand and Australia, Meta has launched the Meta Verified subscription bundle in the U.S.
After laying off 11K employees, it looks like Meta plans to lay off thousands more as in their “year of efficiency.”
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