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Meta to introduce new ad choices for Facebook and Instagram in EU
Yahoo Finance· 2025-12-09 09:34
Core Insights - Meta is set to introduce new advertising options for users in the EU on Facebook and Instagram to comply with the Digital Markets Act (DMA) [1][2] - Users will have the choice to consent to fully personalized advertising or opt for a service with limited personalization by sharing less personal data [1][2] - The European Commission (EC) previously fined Meta €200 million ($320 million) for breaching DMA obligations [2] Group 1: Advertising Model Changes - Starting January 2026, Meta will present new advertising choices to EU users [2] - Meta's previous 'Consent or Pay' model, which began in November 2023, was found inadequate as it did not provide a less data-intensive option [4] - In November 2024, Meta introduced another ad model claiming to use less personal data, which is under review by the EC [5] Group 2: Regulatory Context - The DMA, effective since November 2022, outlines criteria for identifying "gatekeepers" among large digital platforms [6] - Apple was also fined €500 million for breaching anti-steering obligations under the DMA [2][3] - The EC concluded that Apple imposed restrictions that hindered app developers and consumers from benefiting from alternative offers [3]
Tencent quits Paramount's Warner Bros bid amid US regulatory concerns
Yahoo Finance· 2025-12-09 09:30
Chinese social media and gaming giant Tencent Holdings has pulled out of US media group Paramount Skydance Corp's takeover bid for Warner Bros Discovery to avoid heightened scrutiny of foreign investment in the United States, according to a filing on the US Securities and Exchange Commission's website. Tencent had pledged US$1 billion as part of Paramount's December 1 proposal to acquire Warner Bros, but the Shenzhen-based company was removed as a financing partner in Paramount's latest all-cash offer of ...
Australia Moves to Ban Teens on Social Media
Bloomberg Television· 2025-12-09 05:22
Australia is set to enact policy that required social media companies, including TikTok and Instagram, to block under sixteens from holding accounts or face fines of up to $33 million. Joining us now is Terry Floo, professor of Digital Communication and culture at the University of Sydney. Professor, good to see you.So we are going to unpack, I guess, for and against arguments for such a social media ban. But talk to us first how we got here after, what, three decades of mostly an unregulated Internet. I th ...
Australia social media ban set to take effect, sparking a global crackdown
Reuters· 2025-12-09 04:00
Core Viewpoint - Australia is poised to be the first country to enforce a minimum age for social media usage, impacting major platforms like Instagram, TikTok, and YouTube, which will need to block over a million accounts [1] Group 1: Regulatory Changes - The new regulation will require social media platforms to implement age verification measures to comply with the minimum age requirement [1] - This initiative aims to protect children from potential online harms associated with social media use [1] Group 2: Impact on Social Media Platforms - Major platforms such as Instagram, TikTok, and YouTube are expected to face significant operational changes to adhere to the new law [1] - The enforcement of this regulation may lead to a reduction in user engagement among younger demographics on these platforms [1]
Paramount's $108 billion bid for Warner Bros. Discovery is big — but not the biggest-ever hostile takeover attempted
Business Insider· 2025-12-09 03:34
Core Viewpoint - Paramount Skydance's all-cash offer of $30 per share for Warner Bros. Discovery (WBD) represents a valuation exceeding $108 billion, marking it as one of the largest hostile takeover attempts in recent history [1]. Group 1: Paramount's Offer - The proposed deal values WBD's entire operation at an equity valuation of $78.7 billion [1]. - Paramount's CEO David Ellison emphasized the intention to present the offer directly to shareholders to maximize their share value [2]. Group 2: Comparison with Other Deals - The previous deal from Netflix valued WBD at $82.7 billion, or $72 billion in equity, but excluded certain business segments [2]. - The Paramount bid positions itself among the largest hostile takeovers in the last 30 years, with a significant equity valuation [3]. Group 3: Historical Context of Hostile Takeovers - The document lists several notable hostile takeovers, including: - Comcast's acquisition of AT&T Broadband for $32.7 billion in 2002 [4]. - Elon Musk's takeover of Twitter for $41.3 billion in 2022 [5]. - Royal Bank of Scotland's acquisition of National Westminster Bank for $42.6 billion in 1999 [6]. - Roche's bid for Genentech at $46.8 billion in 2009 [7]. - British American Tobacco's acquisition of Reynolds American for $49.4 billion in 2016 [8]. - InBev's takeover of Anheuser-Busch for $50.5 billion in 2008 [10]. - Bayer's acquisition of Monsanto for $57 billion in 2018 [11]. - TotalFina's bid for Elf Aquitaine at $57.9 billion in 2000 [12]. - Takeda's acquisition of Shire for $63.1 billion in 2019 [13]. - Sanofi's takeover of Aventis for $72.9 billion in 2004 [14]. - Pfizer's bid for Warner-Lambert at $86.6 billion in 2000 [16]. - RBS's acquisition of ABN Amro for $97 billion in 2007 [17]. - Anheuser-Busch InBev's acquisition of SABMiller for $114.4 billion in 2016 [18]. - Vodafone AirTouch's takeover of Mannesmann for $177.4 billion in 2000 [19]. Group 4: Current Status of Paramount's Bid - Paramount's bid for WBD is pending and represents a significant move following WBD's board's preference for the Netflix deal [15].
Wedbush Downgrades Pinterest to Neutral, Citing Softer Outlook and Competitive Risks
Financial Modeling Prep· 2025-12-08 22:05
Core Viewpoint - Wedbush downgraded Pinterest Inc. to Neutral from Outperform and reduced its price target to $30 due to mixed third-quarter results and revenue growth guidance falling approximately 100 basis points below initial expectations for the upcoming quarter [1] Group 1: Financial Performance - Pinterest's third-quarter results were mixed, leading to a downgrade in outlook [1] - The company is expected to experience revenue growth that is roughly 100 basis points below initial expectations for the next quarter [1] Group 2: Market Conditions - The outlook for Pinterest reflects a wider range of potential outcomes amid macroeconomic uncertainty and tariff effects [2] - Investors are increasingly concerned about the risks from rising adoption of competing agentic commerce tools among consumers, which are seen as outweighing the benefits from previous consumer packaged goods (CPG) weakness [2] Group 3: Valuation and Sentiment - Following the report, market sentiment weakened, with shares trading around 10 times the firm's 2027 adjusted EBITDA estimate [3] - While Pinterest is still believed to be on track to achieve the lower end of its medium-term objectives, there is reduced visibility into catalysts that could significantly accelerate growth [3] - The long-term expectations for Pinterest have been revised downward, with the price target lowered from $34 to $30 [3]
Meta Platforms Stock Jumps on Metaverse Spending Cuts. Here's Why the Growth Stock Is a Screaming Buy Before 2026
The Motley Fool· 2025-12-08 19:30
Wall Street is sending a clear signal to Meta Platforms that it wants the company to reduce spending on Reality Labs.Meta Platforms (META 0.91%) shares popped 3.4% on Thursday despite a mere 0.22% increase in the Nasdaq Composite on reports that the company was cutting metaverse spending in favor of artificial intelligence (AI) and smart glasses.Here's why Meta's capital is better used on non-metaverse projects and why the growth stock is a great buy in December. The harsh reality of Reality LabsFacebook c ...
Meta Agrees to Give EU Users More Personalized Ad Choice
PYMNTS.com· 2025-12-08 15:57
Meta has agreed to offer users in Europe more choice about seeing personalized ads.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The European Commission (EC) announced that agreement Monday (Dec. 8), six months a ...
Worst CEOs of the Year: Evan Spiegel of Snap
Yahoo Finance· 2025-12-08 15:15
stockcam / Getty Images We have started choosing candidates for our annual worst CEO list, and Evan Spiegel of Snap Inc. (NYSE: SNAP) is the next candidate. An all-time winner will be selected later in the year. 24/7 Wall St. Key Points Evan Spiegel of Snap Inc. (NYSE: SNAP) is a candidate for the worst CEO of 2025. Wall Street believes that Snap’s future is no better than its past. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to r ...
抖音打击“以犯罪经历博流量”,125 个违规账号被处置
Xin Lang Cai Jing· 2025-12-08 14:28
IT之家附典型违规案例如下: 近一个月,针对恶意炒作犯罪经历博取流量的行为,平台共处置违规内容 2152 条,对 125 个 违规账号处以清除因违规内容增长的粉丝、暂停营利权限、禁言等不同梯度的处置。 IT之家 12 月 8 日消息,抖音官方今日发布公告,打击"以犯罪经历博流量",125 个违规账号被处置。 近期,平台发现有用户以监狱服刑、违法犯罪经历为噱头,无底线博取流量、借机吸粉引流。相关行为违背公序良俗,严重破坏社区生态。 平台对此展开深入治理,从严处置违规内容和账号,坚决切断其引流变现渠道。 抖音官方表示,违法犯罪行为不是"流量密码",抖音坚决抵制此类行为。平台将持续加强治 理力度,对违规行为从严处置,全力维护健康、清朗的网络环境。 案例一:账号"童 * 事"渲染犯罪和服刑细节,以此营销引流。平台已下架相关违规内容,并 对账号处以清除违规增长粉丝、暂停营利权限、禁言处置。 案例二:账号"2*9"在昵称、简介、话题及视频内容中,炒作并不当关联前科身份和服刑经 历,并以违法犯罪猎奇标题为噱头博眼球,企图不当牟利。平台已下架相关违规内容,并对 账号处以清除违规增长粉丝、全面禁言处置。 ...