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Meta Fined $843 Million by EU
EU slaps Meta with a nearly 800 million euro fine for engaging in ‘abusive’ Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads business.
EU Fines Meta $840 Million Over Classified Ads Business
An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online classified ads.
Meta Fined $843 Million by EU Over Marketplace Ads
Meta Platforms said it would appeal an $843 million European Commission fine for allegedly tying its classified-ads platform to Facebook, undermining competition.The commission on Thursday fined the Facebook owner 797.
EU, Israel and Borrell
EU's Borrell Proposes Suspending Israel Dialogue Over Gaza War Concerns
The EU has struggled to find a strong united position on the Gaza war, which was triggered by attacks by Hamas Palestinian militants on Israel on Oct. 7 last year. The bloc has called on Hamas to release all Israeli hostages and on both sides to respect international law.
Germany rejects EU's Borrell plan to halt political talks with Israel
German Foreign Minister Annalena Baerbock on Thursday rejected top EU diplomat Josep Borrell's proposal to suspend regular political dialogue with Israel in response to the wars in Gaza and Lebanon. "We are always in favour of keeping channels of dialogue open.
EU top diplomat proposes suspending Israel dialogue
The EU's Josep Borrell has proposed suspending the political dialogue agreement with Israel due to its actions in Gaza, while Human Rights Watch has accused Israel of crimes against humanity. DW has more.
4h
EU drugs regulator recommends Alzheimer's drug from Eisai-Biogen
The European Union's drugs regulator on Thursday said it recommends approval of Eisai and Biogen's Leqembi in patients with ...
Barron's
1h
EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices
The
EU
fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its ...
4h
EU Readies More Sanctions on Russia’s Shadow Fleet by Year’s End
The European Union is working on a new package of sanctions aimed at targeting the shadow fleet of tankers Russia is using to ...
Reuters
3h
UK must keep trade open and EU close in fragmenting world, Bank of England's Bailey says
While the new Labour government has ruled out rejoining the
EU
's single market and customs union, Prime Minister Keir ...
The Financial Times
14h
Italy holds dozens and freezes €520mn over ‘mafia tax fraud’ against EU
The alleged fraud involved the creation of fake companies — or “missing traders” or “ghost companies” — in Italy, other
EU
...
9h
European Parliament Approves One-Year Delay to the EU Anti-Deforestation Law
The European Parliament voted on Thursday for a 12-month delay to the implementation of a law banning the import of ...
19m
Daily on Energy: France exits COP29, EU delays deforestation ban, and Hickenlooper optimistic
Good afternoon and Happy Thursday, readers! In today’s edition of Daily on Energy, Callie and Maydeen continue to cover new ...
10h
EU Parliament Demands Further Changes to Deforestation Rules
The European Parliament demanded further changes to a landmark law to tackle global deforestation, adding complications to a ...
2h
'Rebuild post-Brexit relations with EU,' says Bank boss
The UK must "rebuild relations" with the EU "while respecting the decision of the British people" who voted to leave in 2016, ...
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