Facebook, Instagram and WhatsApp, which belong to Meta, are adding further news on earnings, regulation, security and the taxation of digital services following the July outage. This week, several WhatsApp users, upon opening the app, saw a notification instead of their conversations stating that their account had been blocked and was under review by the company. El Pais ↗
The American internet company's net profit fell by 14 percent year-on-year in the second financial quarter to 15.85 billion dollars, even though revenue rose by 28 percent. The results were affected mainly by massive investments in artificial intelligence, with the company's expenses growing faster than its revenues. e15.cz ↗
The broader regulatory pressure also includes a new obligation to label numerous images, videos and texts created by artificial intelligence, which has been in effect in the European Union since Sunday. Violating the rules can carry high penalties, in the most serious cases up to 35 million euros.
At the same time, Meta faces privacy questions concerning its smart glasses. In the United Kingdom, police are investigating the case of a TikToker who allegedly used Meta glasses to secretly film people in public. In Germany, considerations have emerged about regulating the use of glasses with cameras at the European Union level, and in Hamburg a complete ban on Google Glasses and other smart glasses is being considered in order to protect women from digital violence. HVG ↗
In addition, Indian minister Nitin Gadkari is demanding compensation of 110 million rupees from Meta and other technology companies over allegedly defamatory posts. In Britain, according to a Monday survey by the Fair Tax Foundation, two-thirds of respondents supported an increase in the digital services tax. teraz.sk ↗
Meta tackles blocked WhatsApp accounts and pressure over smart glasses
This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
Sources (3)
Slovenskí hasiči sa po desiatich dňoch nasadenia vracajú z Francúzska
teraz.sk
| 16:13 04.08.
“Nos vemos allí el 15 de agosto”. Así debaten miles de marroquíes en Facebook y WhatsApp si habrá una nueva entrada masiva a Ceuta
El Pais
| 16:10 04.08.
Videó: világháborús katonai motor került elő a Dunából a Batthyány térnél
HVG
| 12:41 04.08.
🔥 You might also like
📰
Internet
Meta reports profit decline and faces further regulatory questions
Facebook and Instagram, owned by Meta, add further news on earnings, regulation, security, and taxation of digital services.
📰
Internet
Meta faces lawsuit in India as well as dispute over youth safety
Facebook and Instagram, owned by Meta, add further news on operations, regulation, safety and taxation of digital serv...
📰
Internet
Meta faces pressure over taxes, advertising, and sales on Facebook
On Monday, Meta found itself in several reports concerning the regulation of digital platforms in Europe and Britain. A survey by the Fair...
© HotInfo
Geographic locations
From our newsroom original
All →
Czechia marks 90 years since the birth of Václav Havel
German BND Chief Warns of Risk of Conflict Between Germany and Russia
Nobel Prize in Medicine Awarded for Discoveries in Optogenetics
What Europe is writing about: Russia attacked Kyiv overnight, Romanian parliament votes on Mureșan's government, Italy renews pact with Egypt after Regeni case
Serbia wants Russian gas even as an EU candidate. The deal expires Wednesday, Vučić hopes for an extension
Albania is pursuing the former intelligence chief. She returned to house arrest, and messages to a fugitive businessman leaked from the case file
Moldova has declared a state of emergency in energy and hydrology. The Chișinău heating plant is seeking an 83 percent increase in heat prices, while Energocom reported an evening deficit
René Benko's Two-and-a-Half-Year Sentence for Fraudulent Bankruptcy Is Final. Neither Prosecution nor Defense Appealed
