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April 6, 2026

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Facebook Parent In Talks With Magic Leap Over Augmented Reality Deal

Facebook’s parent company Meta is reportedly in discussions with augmented reality start-up Magic Leap to establish a multiyear agreement for intellectual property licensing and contract manufacturing in North America. While the partnership is not expe…

May 24, 2023
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Meta Sells Giphy To Shutterstock at a Loss in a $53 Million Deal

The online stock-photo marketplace Shutterstock announced Tuesday it would acquire Giphy from Meta Platforms for $53 million, a significant loss for Meta, which acquired Giphy in 2020 for $315 million. From a report: The acquisition is an all-cash deal…

May 23, 2023
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Facebook owner Meta sells Giphy at a loss of more than $260m

Stock image service Shutterstock buys gif search engine after Meta’s acquisition blocked by regulatorsThe owner of Facebook has taken a more than $260m (£210m) loss on Giphy – selling off the gif search engine to the stock image service Shutterstock fo…

May 23, 2023
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Meta fined record $1.3 billion and ordered to stop sending European user data to US

By Kelvin Chan in London LONDON (AP) — The…

May 22, 2023
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Meta hit with record-breaking $1.3B-euro fine for violating privacy laws

The European Union slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring users’ personal information across the Atlantic by October.

May 22, 2023
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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 regulationBusiness live – latest updatesFacebook’s owner, Meta, has been fined a record €1.2bn (£1bn) and ordered to suspend the transfer of user data from the EU to …

May 22, 2023
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Facebook Parent Meta Hit With Record Fine for Transferring European User Data to US

The European Union slapped Meta with a record $1.3 billion privacy fine and ordered it to stop transferring user data across the Atlantic.
The post Facebook Parent Meta Hit With Record Fine for Transferring European User Data to US appeared first on Se…

May 22, 2023
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Meta Fined Record $1.3 Billion in EU Over US Data Transfers

Facebook owner Meta was hit by a record $1.3 billion European Union privacy fine and given a deadline to stop shipping users’ data to the US after regulators said it failed to protect personal information from the prying eyes of American security servi…

May 22, 2023
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Facebook to be fined £648m for mishandling user information

Penalty levied by Ireland’s privacy regulator sets record for breach of EU’s data protection regulationFacebook is to be fined more than €746m (£648m) and ordered to suspend data transfers to the US as an Irish regulator prepares to punish the social …

May 21, 2023
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Facebook & Instagram Begun Rolling Out Paid Blue Tick Service

Meta is introducing Meta Verified on Facebook and Instagram. The popular social networking platform will now permit anyone who agrees to pay the price to have a blue tick on their profile.   Previously, Twitter sold the blue tick exclusively given to w…

May 17, 2023
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