Communications Services Companies Experience Cautious Trading

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Communication services companies remained steady in the face of cautious trading.

Meta Platforms Proposes User Consent for Targeted Ads in Europe

Meta Platforms, in response to pressure from privacy regulators, has put forward a proposal requiring all European users to opt-in for ads based on their interactions with the company’s apps. This would include preferences derived from their activities, such as video consumption and post sharing.

Meta Blocks News Links for Canadian Facebook and Instagram Users

In compliance with legislation mandating digital platforms to compensate domestic media outlets, Meta has recently begun blocking access to news links for Facebook and Instagram users in Canada. This move comes after repeated warnings regarding the matter.

Unpermitted Giant X Sign Removed from Former Twitter Headquarters

After receiving complaints from residents and a violation notice from the city for a lack of permit, workers dismantled a large X sign that was installed on top of the San Francisco headquarters of the company formerly known as Twitter.

Elon Musk’s Social Media Company Files Lawsuit Against Nonprofit

In an ongoing clash between Elon Musk and a research group, his social media company is now suing a nonprofit that has accused the platform of allowing the spread of hate speech.

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