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Meta fined $263 million for Facebook security breach affecting 3 million EU users

Meta fined $263 million for Facebook security breach affecting 3 million EU users

4 days ago

Compliance Monitoring Meta

Meta has been fined €251 million by Ireland’s Data Protection Commission for a 2018 Facebook security breach affecting about 3 million EU users. The breach, which occurred in July 2017, allowed unauthorized access to user profiles due to a bug in a video upload feature. The DPC found that Meta violated GDPR regulations on breach notification and data protection by design. Meta stated it took immediate action to address the issue once it was identified.

Facebook Login for Business Expands Eligibility for Developers

Facebook Login for Business Expands Eligibility for Developers

9 days ago

Meta Ads Meta

Facebook has expanded eligibility for Facebook Login for Business, allowing more Tech Providers to create secure integrations that enhance client experiences. Benefits include customizable onboarding, scalability with Meta's tools like Marketing API and Messenger, and improved privacy protection. Developers can visit the Facebook Login for Business web page to learn more about its advantages and check their eligibility.

Meta for Developers
Meta for Developers

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Automate Your Marketing Audits - Say Goodbye to Manual Checklists

Automate Your Marketing Audits - Say Goodbye to Manual Checklists

Featured

Marketing Auditor is a comprehensive, automated tool designed to revolutionize the process of auditing digital marketing campaigns. It supports platforms like Google Ads and Google Analytics, performing 200+ automated checks to uncover growth opportunities and deliver actionable insights. Users can generate professional, white-labeled reports customized to their branding and preferred formats like Google Slides and PowerPoint.

Meta Expands Policy Education Program for Facebook and Instagram Users

Meta Expands Policy Education Program for Facebook and Instagram Users

12 days ago

Meta

Meta has expanded its educational program to allow users to remove their first policy violation strike, now available to all Facebook users and rolling out on Instagram. Users can erase their first strike by completing a short course instead of facing penalties. Severe violations are excluded. Meta aims to improve understanding of policies and will monitor the program's effectiveness, focusing on education rather than punishment in content moderation.

Meta
Meta

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Meta Plans $10 Billion Global Subsea Cable to Boost Internet Dominance

Meta Plans $10 Billion Global Subsea Cable to Boost Internet Dominance

20 days ago

Meta

Meta plans a 40,000+ km subsea cable, investing over $10 billion. This will be Meta's first solely-owned subsea cable, driving 10% of fixed and 22% of mobile internet traffic globally. Expected to be announced in early 2025, it will connect the U.S. East Coast to India via South Africa and India to the U.S. West Coast via Australia. Benefits include direct infrastructure control and enhanced service quality.

Meta Enhances Messenger with AI Backgrounds and Advanced Calling Features

Meta Enhances Messenger with AI Backgrounds and Advanced Calling Features

1 months ago

Meta

Messenger is introducing new features to enhance calling experiences, including AI-generated backgrounds for video calls, HD video calls, background noise suppression, and voice isolation. Users can now leave audio or video messages for unanswered calls and use Siri for hands-free calling and messaging. These updates aim to make calls more personalized, clearer, and convenient, reflecting user requests and improving overall communication quality.

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Meta

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Facebook Developers Handle User Data Deletion Requests

Facebook Developers Handle User Data Deletion Requests

1 months ago

Meta Ads Data Protection +1 more

Meta’s Developer Platform emphasizes privacy and security, requiring developers to delete user data upon request as per Platform Terms Section 3(d)(i). When users request data deletion, developers receive an email with details on their obligations. Developers can access their app’s advanced settings to download this data. For further guidance on handling data deletion requests, developers are directed to a link. Meta appreciates developers' efforts in enhancing privacy and security.

Meta for Developers
Meta for Developers

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Meta Fined €797 Million for Abusing Dominant Position in EU Market

Meta Fined €797 Million for Abusing Dominant Position in EU Market

1 months ago

Compliance Monitoring Meta

The European Commission fined Meta €797.72 million for breaching EU antitrust rules by tying Facebook Marketplace to Facebook and imposing unfair trading conditions on other online classified ads service providers. Meta abused its dominant position in personal social networks and online display advertising, giving Facebook Marketplace an unfair advantage. The fine was based on the duration and gravity of the infringement and Meta's turnover.

Meta Q3 Earnings Beat Expectations with 19% Revenue Growth

Meta Q3 Earnings Beat Expectations with 19% Revenue Growth

1 months ago

Meta Ads Meta

Meta's Q3 FY24 earnings showed daily active users up 5% to 3.29B and ad impressions up 7%. Revenue increased 19% to $40.6B, beating expectations. EPS was $6.03, also beating forecasts. Q4 revenue is projected between $45B and $48B. Capex for FY24 is expected to be $38-40B, with significant growth in 2025. Despite strong earnings, stock fell 3%. Meta's AI strategy and new AR products are progressing, but the company faces high capital expenditures and legal issues.

Meta is Developing AI Search Engine to Lessen Reliance on Google

Meta is Developing AI Search Engine to Lessen Reliance on Google

1 months ago

Paid Search SEO +1 more

Meta Platforms is developing its own AI-driven search engine to reduce dependence on Google and Microsoft's Bing for providing information to its Meta AI chatbot. This move aims to ensure Meta has a backup if these partnerships end and to enhance its AI language models with more data. Meta's existing web crawlers are already gathering data, which could support this new search engine, though building such a system is a significant challenge.

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