Meta Platforms Inc Class A (META)
Instagram to make up more than half of Meta's US ad revenue in 2025, report shows
Instagram is set to account for more than half of Meta Platforms' advertising revenue in the United States next year, as the social media platform improves monetization of its products, according to research firm Emarketer.
Ireland fines Meta 251 mn euros over Facebook hacks
An Irish regulator helping police European Union data privacy on Tuesday said it had fined Facebook-owner Meta 251 million euros ($263 million) for a data protection failure that saw users' accounts hacked.
Trump Card in Potential TikTok Ban, META & SNAP Best Positioned
President-elect Donald Trump will tip the scales on whether TikTok is banned from the U.S., according to Seth Schachner. He says the incoming president, paired with the Supreme Court, will decide if the enterprise will forfeit to a U.S. company.
Tech giant Meta will pay Australians $50 million for enabling the Cambridge Analytica scandal
The Australian Information Commissioner today announced a settlement with tech giant Meta over its involvement in the Cambridge Analytica scandal.
Meta Fined $263.5M for Security Breach in Facebook's 'View As' Feature
The 2018 breach exposed the private profile data of millions of Facebook users globally.
EU privacy regulator fines Meta 251 million euros
The lead European Union data privacy regulator for Meta fined the social media giant 251 million euros ($263.5 million) on Tuesday following two inquiries into a personal data breach.
Meta fined $263M over 2018 security breach that affected ~3M EU users
Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions of users which the company disclosed back in September 2018.
Meta to set up $50M privacy payment scheme to settle Australian proceeding
Meta has agreed to a $50 million payment program to settle a long-running proceeding in Australia related to misuse of information for political ad targeting, the country's information watchdog OAIC announced Tuesday.
Meta to pay $32 mln as it settles Facebook quiz app's privacy breach
The Australian Information Commissioner said on Tuesday it has withdrawn civil penalty proceedings against Meta Platforms that it had brought in 2020 after a A$50 million ($31.85 million) settlement by the Facebook parent.
Meta adds live translation, AI video to Ray-Ban smart glasses
Meta Platforms said on Monday it has updated the Ray-Ban Meta smart glasses with AI video capability and real-time language translation functionality.
Meta Platforms (META) Upgraded to Buy: What Does It Mean for the Stock?
Meta Platforms (META) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Meta Can Deliver Big EPS Surprises In 2025, As Competitive Landscape Improves
The TikTok ban is becoming increasingly likely after the appeals court upheld the previous law requiring the company to divest. TikTok is expected to earn $12.3 billion in ad sales in the U.S. in 2024, but the impact on Meta would be bigger due to better monetization. Meta's revenue per minute of user time spent on its platform is significantly higher than TikTok and any diversion of traffic to Meta could lead to a big revenue jump.
