Meta Platforms META will now allow competing classified ad services to list on Facebook Marketplace. This move follows a €797 million fine from the European Union for antitrust violations. The initiative aims to comply with regulatory requirements while Meta appeals the ruling.
Meanwhile, META investors filed a claim against the company after its 2021 strategy shift toward the metaverse led to a significant drop in market capitalization and raised concerns about management decisions. You can find more details about it here and stay updated on any future changes.
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