Meta faces pressure over taxes, AI, and Instagram safety
Following Monday's survey by the Fair Tax Foundation, Meta remains part of a broader debate on taxes, regulation, and the functioning of social networks. In the United Kingdom, two-thirds of respondents supported raising the two-percent digital services tax on large technology companies, including the owner of Facebook and Instagram. Der Standard ↗
New information also shifts attention to artificial intelligence and corporate governance. Meta CEO Mark Zuckerberg is not satisfied with the progress in developing AI agents, as development has not accelerated as expected over the past four months. The layoff of 8,000 employees has so far, according to available information, apparently not delivered the results that management expected. The controversial internal monitoring program could return on a voluntary basis. teraz.sk ↗
Regulatory and reputational pressure continues to affect Instagram as well. An investigation in India found that the platform displayed paid advertisements promoting material linked to child sexual abuse. At the same time, the debate over the protection of minors continues, as a new study criticizes Instagram, Snapchat, YouTube, and TikTok, stating that half of children's safety features do not work. Le Monde ↗
Meta also faces questions surrounding pricing and market rules. In Austria, starting in July, it is raising the price of advertising on Facebook, Instagram, and WhatsApp by five percent because of the local digital tax. For smart glasses, it reportedly plans to charge a monthly fee of 20 dollars for a feature that was previously available without a separate subscription. At the same time, European platforms are struggling to compete with Instagram and TikTok, as without investors they often end in failure or only modest success. BBC News ↗
Further developments will depend on the response of regulators, users, advertisers, and investors alike. Pressure on Meta is thus shifting from taxes to child safety, artificial intelligence, data, and the monetization of features. Spiegel.de ↗
New information also shifts attention to artificial intelligence and corporate governance. Meta CEO Mark Zuckerberg is not satisfied with the progress in developing AI agents, as development has not accelerated as expected over the past four months. The layoff of 8,000 employees has so far, according to available information, apparently not delivered the results that management expected. The controversial internal monitoring program could return on a voluntary basis. teraz.sk ↗
Regulatory and reputational pressure continues to affect Instagram as well. An investigation in India found that the platform displayed paid advertisements promoting material linked to child sexual abuse. At the same time, the debate over the protection of minors continues, as a new study criticizes Instagram, Snapchat, YouTube, and TikTok, stating that half of children's safety features do not work. Le Monde ↗
Meta also faces questions surrounding pricing and market rules. In Austria, starting in July, it is raising the price of advertising on Facebook, Instagram, and WhatsApp by five percent because of the local digital tax. For smart glasses, it reportedly plans to charge a monthly fee of 20 dollars for a feature that was previously available without a separate subscription. At the same time, European platforms are struggling to compete with Instagram and TikTok, as without investors they often end in failure or only modest success. BBC News ↗
Further developments will depend on the response of regulators, users, advertisers, and investors alike. Pressure on Meta is thus shifting from taxes to child safety, artificial intelligence, data, and the monetization of features. Spiegel.de ↗
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Internet
Meta faces pressure over taxes, child safety, and content control
Meta remains part of a broader debate on taxes, regulation, and the operation of social networks following Monday's Fair Tax Foundation survey.
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Internet
Meta faces pressure over taxes, children, and new smart glasses fees
Meta remains part of a broader debate on taxes, regulation, and social media following Monday's Fair Tax Foundation survey.
📰
Internet
Meta faces pressure over taxes, advertising, and child protection
Following Monday's Tax Justice Foundation survey, Meta remains part of a broader debate on taxes, regulation, and social media operations.
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