Previous close | 48.38 |
Open | 48.20 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 345.00 |
Expiry date | 2024-01-19 |
Day's range | 48.20 - 48.38 |
Contract range | N/A |
Volume | |
Open interest | 57 |
Meta is planning to charge Instagram users £11 a month to use the photography app without adverts.
Microsoft said in August it would unbundle chat and video app Teams from its Office product in a bid to avoid a possible EU antitrust fine, a month after the European Commission launched an investigation into its Office and Teams tie-up. Meta Platforms offered in July to curb the use of competitors' advertising data for its Facebook Marketplace online classified service in an attempt to settle an EU antitrust investigation but regulators rebuffed it, people familiar with the matter said. In May, Meta was hit with a record 1.2-billion euro ($1.27 billion) fine by the EU's lead privacy regulator for its handling of user information and given five months to stop transferring users' data to the United States.
(Reuters) -Meta Platforms is exploring options to introduce ad-free subscription plans for Instagram and Facebook users in Europe, a person familiar with the matter said on Tuesday. The proposal is an attempt by Meta to circumvent European Union regulations that threaten to curb its ability to personalize ads for users without their consent and hurt its major revenue source. Offering a choice between a free, ad-supported plan and a paid subscription might lead to users opting for the former, helping Meta comply with regulations without affecting its ad business.