The case in question is one filed by Maximilian Schrems in 2020 in which he claimed that while he had consented to Meta collecting his data through its advertising model, he was unlawfully targeted by ads based on his sexuality.
KeyCorp dropped their price objective on Meta Platforms from $575.00 to $555.00 and set an "overweight" rating on the stock in a report on Monday.
Meta Platforms (NASDAQ:META – Get Free Report) had its target price reduced by Raymond James from $550.00 to $525.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has a “strong-buy” rating on the social networking company’s stock. Raymond James’ price target would suggest a potential upside of 20.49% from the company’s […]
The European Commission commenced an investigation against Meta Platforms to determine if Facebook and Instagram have done enough to combat election disinformation ahead of upcoming elections.
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Don't expect Meta search ads, but there could eventually be ads and paid content in Meta AI interactions, says CEO Mark Zuckerberg.
AI continues to drive Meta's year-long recovery. Revenue from its Advantage+ Shopping Campaigns (ACS) more than doubled since last year, Meta CEO Mark Zuckerberg said during the Q1 2024 earnings call. Meta, the parent company of Instagram and Facebook, reported a 27% increase in revenue, reaching $36.5 billion compared to $28.6 billion in 2023. Advertising contributed 97% of that revenue, or $35.6 billion, and the average price of ads rose 6%. “For all the recent scrutiny of its...
UK children are exposed to excessive betting advertising and gambling-like information online, according to a study, sparking concerns.
Donald Trump and his allies are trying to appeal to Black voters with overpriced sneakers, fried chicken, past-their-prime rappers and, now, some plain old bigotry to boot. In recent months, Trump-allied groups have begun running radio ads targeting voters in largely Black areas that push a raft of offensive claims as they seek to undermine support for President Joe Biden. The ads were highlighted by sports journalist Jemele Hill over the weekend during her coverage of the NFL draft in Detroit. ...
NSFW ads for AI "girlfriends" were found on Meta platforms, in a report from 'Wired.'
Four people sued the Japanese arm of U.S. tech giant Meta Platforms Inc on Thursday over false investment ads using fake celebrity endorsements on Facebook and Instagram. The plaintiffs, including those from Kobe and Tokyo, filed the lawsuit with the Kobe District Court, claiming they had lost money because the