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EU demands Meta change addictive Facebook and Instagram features or face heavy fines

Market News
10 Jul 2026
TechCrunch
View Source
Bearish
pluang ai news

The European Commission has found Meta in breach of the Digital Services Act for using addictive design features like infinite scroll, autoplay, and personalized algorithms on Facebook and Instagram. These features encourage compulsive use and harm users' mental and physical health, especially minors and vulnerable adults. The EU demands Meta disable these features by default, improve screen-time controls, and adjust recommendation algorithms. Meta faces fines up to 6% of its global revenue if it fails to comply. Meta can respond before final decisions are made. This follows earlier EU findings and ongoing scrutiny in the US over Meta's handling of young users' safety.

More News (META)

Trump made over 1,000 stock trades in June, including SpaceX and Palantir shares.

Trump made over 1,000 stock trades in June, including SpaceX and Palantir shares.

In June 2026, President Donald Trump executed more than 1,000 stock trades, including purchases in SpaceX shortly after its IPO and multiple transactions in tech and defense companies like Palantir. The largest trade was a sale of Vanguard ETF shares...

Market News
Neutral
10 hours ago
S&P 500 rises 28% since Trump’s 2025 inauguration amid heavy presidential stock trading and tariff volatility

S&P 500 rises 28% since Trump’s 2025 inauguration amid heavy presidential stock trading and tariff volatility

Since President Trump's second term began in January 2025, the S&P 500 has gained about 28%, despite a sharp 12% drop in April following new tariffs. Trump's investment accounts saw over 1,000 trades in June alone, involving millions in major stocks ...

Market News
Neutral
13 hours ago
Nvidia now outweighs Apple in every S&P 500 index fund portfolio.

Nvidia now outweighs Apple in every S&P 500 index fund portfolio.

As of August 22, 2026, every S&P 500 index fund holds more Nvidia stock than Apple. This shift highlights Nvidia's growing dominance in the market, reflecting strong investor confidence in its technology and growth prospects. The change could influen...

Market News
Neutral
1 day ago
Trump reshuffles portfolio with over 1,000 stock, bond, and ETF trades in June

Trump reshuffles portfolio with over 1,000 stock, bond, and ETF trades in June

In June, President Donald Trump disclosed more than 1,000 financial transactions involving stocks, bonds, and ETFs, indicating a broad reshuffling of his investment portfolio. His transactions ranged between $78.1 million and $263.1 million, with pur...

Market News
Neutral
1 day ago
AI drives hyperscaler cloud spending to $4.1T from 2026-2028, reshaping tech infrastructure investment.

AI drives hyperscaler cloud spending to $4.1T from 2026-2028, reshaping tech infrastructure investment.

Hyperscale cloud companies like Amazon, Alphabet, Microsoft, and Meta are projected to spend $4.1 trillion on AI-related infrastructure from 2026 to 2028, more than triple the previous six years. UBS estimates these firms will reinvest nearly 100% of...

Market News
Bullish
1 day ago
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