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. |