![Meta Warned of Potential Breach of EU Antitrust Laws Over Competition in Online Classified Advertising Meta Warned of Potential Breach of EU Antitrust Laws Over Competition in Online Classified Advertising](https://media.starbiz.net/41/2022/12/thumbs/63a2940222ef2_380x168.jpg)
The European Commission could impose a fine of up to 10 percent of the Meta's annual global turnover, in case of infringement of the EU's rules.
![Meta Takes Down Indian Firm CyberRoot Risk Advisory's Accounts Along With 900 Chinese Fake Accounts Meta Takes Down Indian Firm CyberRoot Risk Advisory's Accounts Along With 900 Chinese Fake Accounts](https://media.starbiz.net/41/2022/12/thumbs/639c3e70aec74_380x168.jpg)
Over 40 accounts operated by CyberRoot Risk Advisory, allegedly involved in hacking-for-hire services, were taken down by Meta.
![Meta in Big Tech Club but Dwarfed by 'Giant Tech' Company Apple, Nick Clegg Says Meta in Big Tech Club but Dwarfed by 'Giant Tech' Company Apple, Nick Clegg Says](https://media.starbiz.net/41/2022/12/thumbs/6392dbb8dd007_380x168.jpg)
Apple's tracking protection for iPhone introduced last year has contributed to a halving of Meta's third-quarter profits this year.
![EU Said to Prepare to Bar Meta From Running Ads Based on Personal Data: All Details EU Said to Prepare to Bar Meta From Running Ads Based on Personal Data: All Details](https://media.starbiz.net/41/2022/12/thumbs/639158bca46f9_380x168.jpg)
Austrian privacy activist Max Schrems filed a complaint against Meta with Ireland's data protection agency in 2018.
![Meta Focusing Only 20 Percent of Resources on Developing Hardware, Software for Metaverse: Zuckerberg Meta Focusing Only 20 Percent of Resources on Developing Hardware, Software for Metaverse: Zuckerberg](https://media.starbiz.net/41/2022/12/thumbs/638d7bd0c0b4d_380x168.jpg)
Around 80 percent of Meta’s focus still lies on its family of social networking platforms — Facebook, Instagram, and WhatsApp.
![Coinbase Trims Workforce Again Days After Reporting 28 Percent Decline in Q3 Revenue Coinbase Trims Workforce Again Days After Reporting 28 Percent Decline in Q3 Revenue](https://media.starbiz.net/41/2022/11/thumbs/636e1e5a1320e_380x168.jpg)
Details about which internal teams from Coinbase have announced the job cuts remain unclear.
![Facebook, Twitter, Other Social Media Platforms Brace for US Midterm Elections Facebook, Twitter, Other Social Media Platforms Brace for US Midterm Elections](https://media.starbiz.net/41/2022/11/thumbs/636767b85d86d_380x168.jpg)
A Facebook search for the words “election fraud” first delivers an article claiming that workers at a Pennsylvania children's museum are brainwashing children so they'll accept stolen elections.
![Facebook's Meta Rebranding Clocks a Year, FTX CEO Dissects Zuckerberg’s ‘Distracting’ Decision Facebook's Meta Rebranding Clocks a Year, FTX CEO Dissects Zuckerberg’s ‘Distracting’ Decision](https://media.starbiz.net/41/2022/11/thumbs/63620f3ad83ff_380x168.jpg)
Meta’s attempt to distract the public from its data collecting ill-reputation with the new name, did not work as intended, the FTX CEO has claimed.
![Facebook Parent Meta Launches AI Software Tools to Ease Switching Between Nvidia, AMD Chips Facebook Parent Meta Launches AI Software Tools to Ease Switching Between Nvidia, AMD Chips](https://media.starbiz.net/1/2022/10/Technology/thumbs/633c1f4fb006e_380x168.jpeg)
Facebook parent Meta's new AI platform can help code run up to 12 times faster on Nvidia's flagship A100 chip.