Some influencers view the launch of Threads as a potential threat to Twitter Meta Platforms, Inc (Meta), the parent company of Facebook and Instagram, recently unveiled its Threads app, a direct competitor to Twitter, on July 6, 2023. Following the launch, the Social Media Analytics Platform of GlobalData, a leading…
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EU’s record $US1.3 billion Meta fine
The significant fine sends a clear message to all digital service providers The European Union (EU) has imposed a historic €1.2 billion ($US1.29 billion) fine on Meta, the owner of the Facebook social media platform, for its failure to adequately protect the data of European Facebook users stored and processed…
Read MoreOnly legislation can curtail big tech monopolies
Fines don’t touch the sides. Following today’s news that Google will pay app developers $90 million to settle the Play Store antitrust lawsuit; Sarah Coop, analyst in the Thematic Intelligence Team at GlobalData said paying these small developers* US$90 million in damages is a small win, but it does nothing…
Read MoreMeta/Facebook announcement shows Aussie data out of “our” control
The former Head of Information Warfare for Australian Defence, shows the value of data is ‘outside of our control’. This Meta/facebook announcement that it will no longer have face recognition, but continue with data collection, comes on the heels of a major Europol operation in Switzerland and Ukraine, conducted in…
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