Meta Platforms Inc is facing a hefty fine in the EU over its alleged efforts to dominate the classified advertising market, the Financial Times reported on Wednesday, citing people familiar with the matter.
Antigone Davis, Meta global head of safety, joins 'Squawk on the Street' to discuss the launch of Instagram teen accounts, the protections in question, and much more.
Aneesh Chopra, Arcadia chief strategy officer and former White House chief technology officer under former President Obama, joins 'Squawk Box' to discuss Meta's efforts to make Instagram safer for teens, how to protect kids online, and more.
The overhaul was announced as the bipartisan Kids Online Safety Act – a landmark bill that would impose a legal “duty of care” on Instagram parent Meta, TikTok and other social media firms to protect kids from online harm, gains momentum in Congress.
Russia-based broadcasters and web sites such as RT, Rossiya Segodnya will no longer be available to users of Facebook and Instagram.
Instagram on Tuesday announced restrictive privacy settings for younger users on the social media platform, including mandatory “Teen Accounts” and parental controls limiting what children can view, as the Meta-owned firm faces scrutiny and accusations of failing to protect children on the app.
Meta Platforms (META) is removing Russian TV channel RT from its apps, including Instagram and Facebook, citing "foreign interference activity" by the Kremlin-backed outlet, according to The Wall Street Journal.
Instagram and Facebook owner Meta is banning RT and other Russian state media networks from its platforms over claims they carried out covert operations to influence social media users.
Meta late Monday said it is banning Russian state media outlets from its apps around the world due to "foreign interference activity."
The Facebook and Instagram owner said it would bar Russian media outlets including RT, which the U.S. has accused of acting as an intelligence arm.
Facebook owner Meta said on Monday it was banning RT, Rossiya Segodnya and other Russian state media networks, alleging the outlets used deceptive tactics to carry out influence operations while evading detection on the social media company's platforms.
In the most recent trading session, Meta Platforms (META) closed at $533.28, indicating a +1.65% shift from the previous trading day.