The Latest Breaking News from Meta

Thailand's e-commerce is expected to post US$23 billion in gross merchandise value (GMV) this year, up 18% year-on-year, but the growth is much smaller than the previous year, weighed down by economic headwinds, according to a new survey by Facebook parent firm Meta and consultancy Bain & Company.

Longer delay might have been mildly embarrassing but would be the safer approach

Britain's competition regulator has ordered Facebook-owner Meta to sell animated-images platform Giphy on Tuesday after a tribunal upheld its view that the acquisition could damage its rivals and remove a potential competitor in advertising. Meta said it would accept the Competition and Markets Authority's (CMA) order to unwind the 2020…

After receiving widespread criticism for its coverage of Meta’s XCheck programme, the Wire has decided to “suspend the stories” until it carries out a “thorough internal review of all material and documents and sources”, the portal’s founding editor Siddharth Varadarajan told Newslaundry.

Facebook parent Meta says it will sell off Giphy after running out of options to thwart a ruling by U.K. regulators, who again found that the deal to buy the GIF-sharing platform would limit competition and innovation

Meta said it would not be contesting the decision

The Competition and Markets Authority has reiterated a decision it first made last year.

CMA says takeover of gif creation website limits choice for social media users

A new report finds the major online platforms remain in disarray on the issue, months after the decision striking down Roe v. Wade.

Andrew "Twiggy" Forrest's case against Facebook over alleged clickbait advertising scams will go ahead after the company accepted a WA court had jurisdiction.

The 2016 U.S. election was a wake-up call about the dangers of political misinformation on social media. With two more election cycles rife with misinformation under their belts, social media companies have experience identifying and countering misinformation. However, the nature of the threat misinformation poses to society continues to shift…