Meta is set to receive an EU antitrust fine of up to $13.4 billion in the coming weeks for abusing its dominant position in the advertising market.

In November 2023, ByteDance announced a massive business contraction in its gaming business.。In addition to the retention of some of the UGC and AIGC projects under development, games that are already online and performing well will be sought for sale.。

The Meta platform's oversight committee said it will regulate the social networking site Threads and will also be able to seek help with content issues on the social media platform。

On October 25, local time, Meta announced its third quarter financial results。In the third quarter, Meta's revenue increased by 23% year-on-year, and net profit increased by 164% year-on-year.。It was Meta's fastest growth since the third quarter of 2021 and the strongest quarterly result since the company changed its name from Facebook to Meta two years ago.。

When making portfolio equity decisions, consider concepts such as the industry in which the company operates and its associated risks, the company's future prospects and whether the company is a "growth stock," as well as paying close attention to the losses of Malaysian blue-chip companies.。

On Thursday, France's antitrust regulator gave Facebook's parent company Meta two months to change access rules for its ad verification partners, saying the company could be unfairly exploiting its dominant market position in online advertising.。

After Microsoft and Google, the two "big guys," handed over satisfactory results, social media Facebook and Instagram's parent company Meta Platforms followed suit and brought a little surprise to the market.。

Facebook owner Meta Platforms Inc.Another "new step" to reduce costs and increase efficiency.。