EU fines Meta & Apple a combined 700 million euros over breach of Digital Markets Act
Apple was found in violation of anti-steering regulations while Meta was charged with failing to provide options that limit user data collection.
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Apple was found in violation of anti-steering regulations while Meta was charged with failing to provide options that limit user data collection.
The developers at Toast Interactive are currently unable to share the reason why Meta delisted its VR apps.
Meta approved a new executive bonus plan after announcing plans to lay off 5% of the company.
Facebook's stock is riding as high as ever on strong earnings results.
Stock in the company made gains in after-hours trading after some turbulence.
The Reality Labs division put up losses of $4.97 billion in Q4 2024 alone.
Tune in to hear what Facebook's parent company has to say about the latest quarter and the months ahead.
The layoffs will remove 5 percent of Meta's workforce as an effort to 'move out low performers faster' in preparation for 'an intense year,' said CEO Mark Zuckerberg.
The Meta company's losses on Reality Labs were just about the same between Q2 and Q3 2024.
Facebook's parent company managed to top expectations for both EPS and revenue this quarter.