META







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Meta (META) Battles €887M Italian VAT Claim, Pressuring Shares Amid EU Tax Policy Shift | ReutersRefinitiv | Login to see the signal | |
Meta, X and LinkedIn appeal unprecedented VAT claim by ItalySummaryItaly's VAT claim against Meta could set precedent across the EU for taxing free online platforms in exchange for user data, leading Meta to appeal. The dispute may influence EU tax policy and has long-term implications for Big Tech's digital services. |
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Meta Platforms (META) Pushes Back Against EU AI Code Citing Legal Risks, Raising Compliance Concerns | Dow Jones Newswires | Login to see the signal | |
Meta Won't Sign EU's AI Code of Practice, Chief Global Affairs Officer Says — 2nd UpdateSummaryMeta refuses to sign the EU's AI code of practice, citing legal uncertainties and overreach beyond existing AI laws, contrasting with OpenAI's acceptance. This highlights regulatory tensions impacting AI development in Europe and Meta's cautious stance on compliance risks. |
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Meta Platforms (META) Slides After Rejecting EU AI Code of Practice, Raising Regulatory Concerns | MT Newswires | Login to see the signal | |
Top Midday Stories: Netflix Shares Fall Despite Earnings Beat; Chevron Completes Acquisition of Hess After Winning Legal Dispute With ExxonSummaryMeta Platforms declined 0.5% after rejecting the European Commission’s new Code of Practice for general-purpose AI models, signaling regulatory frictions amidst growing AI scrutiny. |
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Meta (META) Pushes Back Against EU AI Code, Signaling Regulatory Challenges Ahead | Dow Jones Newswires | Login to see the signal | |
Meta Won't Sign EU's AI Code of Practice, Chief Global Affairs Officer Says — UpdateSummaryMeta rejects the EU's AI code of practice, citing legal uncertainties and regulatory overreach, contrasting with OpenAI's acceptance. The EU aims to regulate AI rigorously with penalties, seeking to boost AI development locally but facing tech company pushback. |
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Meta (META) Faces Possible WhatsApp Ban in Russia as State-backed App Gains Ground | Reuters | Login to see the signal | |
Russian lawmakers say 'security threat' WhatsApp should prepare to leave RussiaSummaryRussia plans to restrict WhatsApp, owned by Meta, as part of a push for digital sovereignty. WhatsApp may be banned by September 1, with a state-backed app expected to replace it, impacting Meta amid ongoing bans on its other platforms in Russia. |
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Meta Platforms (META) Dips 0.21% Amid Lack of Market Catalysts | MT Newswires | Login to see the signal | |
Street Color: Meta Will Not Sign EC's Code of Practice for General-Purpose AI Models, Chief Global Affairs Officer SaysSummaryMETA shares fell slightly by 0.21%, with no further context provided to assess the reasons or market impact. |
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Meta Platforms (META) Pushes Back on EU AI Code, Citing Legal Risks and Regulatory Overreach | Dow Jones Newswires | Login to see the signal | |
Meta Won't Sign EU's AI Code of Practice, Chief Global Affairs Officer SaysSummaryMeta Platforms refuses to sign the EU's AI code of practice, citing legal uncertainties and excessive measures beyond the AI Act's scope, signaling regulatory and operational concerns for the company in Europe. |
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Meta (META) Faces Severe Selloff Risk as Russia Moves to Ban WhatsApp by September Deadline | Reuters | Login to see the signal | |
Russian lawmaker says WhatsApp is a security threat and should prepare to leave the Russian marketSummaryRussia plans to restrict Meta's WhatsApp following Putin’s order to curb foreign tech. WhatsApp may exit Russia, boosting local apps like Telegram and MAX, amid escalating tensions due to Meta’s platforms being banned since 2022 and the extremist label on Meta by Russian authorities. |
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Meta (META) Faces New Russian WhatsApp Ban as Kremlin Promotes State Messaging App | Reuters | Login to see the signal | |
WhatsApp should prepare to leave the Russian market, influential lawmaker saysSummaryRussia plans to ban Meta's WhatsApp as it pushes a state-backed messaging app, deepening restrictions on Meta after banning its Facebook and Instagram platforms. |