Donald Trump’s Truth Social craters to $300m loss amid market manipulation claims May 21, 2024 Trump Media and Technology Group's primary asset Truth Social generated just $770,500 in sales over the quarter.
Ofcom chairman says no more ‘free ride’ for social media companies May 12, 2024 "It’s become a bit of a Wild West in some corners of the internet and on social media," Ofcom's chairman said this weekend.
Facebook and ‘major platforms’ still causing headaches for Mirror publisher Reach May 2, 2024 Reach has been hit by Meta's ranking of user-generated content above news on its social media sites, including Facebook.
Meta to face £2.2bn class action after failing to overturn approval April 30, 2024 Meta is set to face £2.2bn over allegations it abuses its dominant market position by imposing unfair terms after the Tribunal threw out its appeal
UK to reveal social media ban plans for under-16s within weeks April 14, 2024 Downing Street is reportedly set to reveal the proposals for stricter age restrictions on social media apps within weeks.
Meta faces European complaints over ‘gargantuan’ data collection February 29, 2024 Consumer groups have criticised Meta's ad-free offerings, which they say leaves users with an “unfair ‘pay-or-consent’ choice” in the face of mass data collection.
Even Big Tech CEOs can’t afford to ignore the costs of bad PR January 16, 2024 Big tech CEOs may think they're invincible, but sending rockets into space won't spare you the costs of bad PR, writes Mike Maynard.
These tech companies have breached the most data rules this year December 3, 2023 Big tech companies have breached their fair share of data rules this year and regulators have dished out penalties. Here are the largest ones.
CMA: Amazon and Meta agree to retail competition improvements November 3, 2023 As part of the new commitments, Amazon has agreed to give independent sellers a fair chance of their offers being featured in the site’s “Buy Box”, where most sales on the platform take place.
Facebook-parent Meta beats revenue estimates on digital ad strength October 26, 2023 Meta beat expectations for third-quarter profit and revenue on Wednesday, helped a recovery in digital advertising spending.