EU Commission preliminarily finds the addictive design of Meta's (META) Instagram and Facebook in breach of the Digital Services Act
Newsquawk Staff ·
- Meta disagrees with the ruling.
Sources
- Meta (META) plans to introduce new nonvoting stock to fund its AI investments without diluting CEO Zuckerberg's control, reports Semafor citing sources; could be announced as soon as today alongside earnings
- Meta (META) must pay USD 25bln in penalties, a New Mexico judge ruled after jury found company misled consumers about privacy
- Senators express ‘grave concerns,’ launch inquiry into Google’s (GOOGL) AI push in schools, WSJ reports
- US EQUITY OPEN: Indices in the green underpinned by SPCX & SMCI as Mag-7 earnings await after-hours
- Google (GOOGL) launches OpenAI models through its cloud
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