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Meta reaches $190 million settlement over privacy violations
NextBigWhat· 2025-11-21 03:02
Core Points - Meta Platforms Inc. has agreed to a $190 million settlement over claims of user privacy violations [1] - The settlement addresses allegations that executives, including Mark Zuckerberg, failed to tackle ongoing privacy issues [1] - This decision represents a significant financial impact for Meta amid the ongoing repercussions from the Cambridge Analytica scandal [1]
Australia adds Amazon's Twitch to teen social media ban, spares Pinterest
Reuters· 2025-11-21 02:44
Core Points - Australia's internet watchdog will include Twitch, owned by Amazon.com, in its upcoming ban on teen social media platforms [1] - The image-sharing platform Pinterest will not be included in this ban [1] Group 1 - The decision reflects ongoing regulatory scrutiny of social media platforms and their impact on youth [1] - Twitch's inclusion indicates a focus on live streaming services as part of the broader social media landscape [1]
Meta Ordered to Pay $552 Million in Case Alleging GDPR Violations
PYMNTS.com· 2025-11-20 23:43
Core Viewpoint - Meta has been ordered to pay 479 million euros (approximately $552 million) due to violations of the EU's General Data Protection Regulation (GDPR) and Spain's antitrust law [1][3]. Group 1: Legal Findings - A Spanish court ruled that Meta used personal data for behavioral advertising on Facebook and Instagram without proper user consent from May 2018 to August 2023 [2][3]. - The court determined that Meta's justification for behavioral advertising based on "necessity for the performance of a contract" was inadequate [4]. - All profits earned by Meta from advertising during the specified five-year period were deemed to be in breach of data protection regulations [4]. Group 2: Compensation and Impact - The compensation ordered by the court will be distributed to 87 digital media agencies, as Meta was found to have gained a "significant competitive advantage" in Spain's online advertising market [3]. - Media organizations argue that platforms like Facebook benefit disproportionately from sharing their content without compensation [5]. Group 3: Ongoing Regulatory Challenges - Meta is also facing accusations from the European Commission for failing to comply with the EU's Digital Services Act, which mandates transparency and accountability from large online platforms [5][6]. - The Commission highlighted that Meta's platforms did not provide user-friendly mechanisms for reporting illegal content and made it difficult for independent researchers to access public data [6].
Wall Street Lunch: Nvidia Lands Counterpunch On AI Bears (undefined:NVDA)
Seeking Alpha· 2025-11-20 19:35
BING-JHEN HONG/iStock Editorial via Getty Images Listen below or on the go on Apple Podcasts and Spotify Wall Street analysts loved what they saw from Nvidia earnings. (0:15) Long-awaited September jobs report shows solid payroll gains. (1:10) Walmart benefits as consumers eye value. (2:21) This is an abridged transcript of the podcast: Our top story so far, Nvidia (NVDA) is iis in the spotlight. Wall Street is echoing with the praise of analysts, who say the GPU giant’s results and guidance indicate ...
Pinterest Rides on Solid ARPU Growth: Will the Uptrend Continue?
ZACKS· 2025-11-20 16:01
Core Insights - Pinterest, Inc. (PINS) is experiencing solid growth in average revenue per user (ARPU) across various regions, with global ARPU reaching $1.78 in Q3, up from $1.70 year-over-year [1][9] Revenue Performance - ARPU in Europe increased by 31% year-over-year to $1.31, driven by strong demand in the retail sector [1] - In the United States and Canada, ARPU rose by 5% year-over-year to $7.64, supported by growth in retail, consumer packaged goods (CPG), telecom, and entertainment [2] - ARPU from the Rest of World saw a significant increase of 44% year-over-year, reaching 21 cents [2] User Growth - The company has achieved 600 million active users, with Generation Z being the largest and fastest-growing demographic [2] AI and Personalization Investments - Pinterest has heavily invested in platform personalization, utilizing AI to track user preferences and enhance the shopping experience [3] - The introduction of an AI-powered shopping assistant has improved the user journey from visual search to product checkout [3] - Queries on the platform grew by 44% year-over-year, indicating increased engagement [3][4] Competitive Landscape - Pinterest faces competition from SNAP, Inc. and Reddit, with Reddit's ARPU growing by 41% year-over-year to $5.04 in Q3 [6] - SNAP's ARPU increased by 2% year-over-year to $3.16, with notable growth in North America and Europe [7] Future Projections - For Q4, Pinterest is projected to report an ARPU of $1.62 from Europe, indicating a 17.1% year-over-year growth, while ARPU from the United States and Canada is expected to reach $9.13, reflecting a 1.4% growth [5] - ARPU for the Rest of World is anticipated to be 26 cents, indicating a growth of 38.6% year-over-year [5] Valuation Metrics - Pinterest currently trades at a forward price-to-sales ratio of 3.62, which is below the industry average [10]
Meta's chief AI scientist leaves company after 12 years
Proactiveinvestors NA· 2025-11-20 15:49
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Meta: CapEx Fears Are Way Overblown (NASDAQ:META)
Seeking Alpha· 2025-11-20 15:18
Core Insights - Meta Platforms, Inc. has successfully integrated AI into its business, leading to strong financial results that justify a buy rating on the stock [1]. Financial Performance - The analysis of Meta's Q2 earnings indicates robust performance, reinforcing the positive outlook for the company's stock [1]. Strategic Focus - The company is focusing heavily on the technology sector, particularly through the application of AI, which is seen as a key driver for future growth [1].
13 Stocks That Crossed Jim Cramer’s Radar
Insider Monkey· 2025-11-20 13:36
In this piece, we will look at the stocks Jim Cramer discussed.In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed the weakness in the stock market as technology stocks headed towards ending a seven-month winning streak. Cramer’s remarks came before AI chip giant NVIDIA’s earnings report and after co-host Carl Quintanilla mentioned a Bank of America survey that didn’t do much to quell market uneasiness. BofA’s Global Fund Manager Survey outlined that a net 20% of managers part of the ...
QYOU to Proceed with Share Consolidation
Prnewswire· 2025-11-20 13:15
Core Viewpoint - QYOU Media Inc. has announced a consolidation of its common shares at a ratio of one post-consolidation share for every twelve pre-consolidation shares, expected to take effect around November 24, 2025 [1][3]. Share Consolidation Details - The consolidation was approved by shareholders at the annual general meeting held on July 23, 2025, with a consolidation ratio range of two to fifty pre-consolidation shares for one post-consolidation share [2]. - After the consolidation, the company will have approximately 51,903,674 common shares outstanding, subject to adjustments for fractional shares [1]. Company Overview - QYOU Media operates in India and the United States, focusing on producing and distributing content from social media influencers and digital content creators [4]. - The company’s influencer marketing platform in India, Chtrbox, connects brands with social media influencers, while in the U.S., it collaborates with major film studios and brands to create and market content [4]. - QYOU Media has reached over one billion consumers with its content aimed at millennials and Gen Z [4].
Spanish court orders Meta to pay €479M to publishers over GDPR breach
Invezz· 2025-11-20 11:14
A Spanish court has ordered Meta to pay €479 million to 87 digital media outlets and news agencies after ruling that the company gained an unlawful competitive advantage through its use of personal da... ...