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0 -0.000556977269306043 0.00045160319132915 0.000301068794219376 -0.00168598524762909 -0.00301068794219479 -0.00309393346379646 0.0009032063826583
Stock impact report

Meta to allow AI rivals on WhatsApp in bid to stave off EU action [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
WhatsApp for a year, Meta Platforms said, aiming to head off a possible ?temporary order from EU antitrust regulators after complaints from competitors shut out of ?the messaging service. The European Commission, the EU's competition enforcer, last month threatened interim measures to prevent potential serious and irreparable ?harm to rivals after Meta blocked them from WhatsApp, mirroring moves by Italy's watchdog in December. Meta has now told the Commission it will let rival AI chatbots access WhatsApp for a fee. The company barred them on January 15, allowing only its Meta AI assistant on the service. "For the ?next 12 months, we'll support ?general purpose AI chatbots using the WhatsApp Business API in Europe in response to the European Commission's regulatory process," a Meta spokesperson said. "We believe that ?this removes the need for any immediate intervention as it gives the European Commission the time it needs to conclude its investigation." The Commission said Show less Read more
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