Meta hit with major EU probe into disinformation handling ahead of European elections [MSNBC.com]
Meta Platforms, Inc. - Class A (META)
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Source: MSNBC.com
Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC.Alex Wong | Getty ImagesThe Commission said it is investigating Meta over concerns the company hasn't done enough to ensure effective combatting of disinformation ahead of upcoming European Parliament elections.The European Parliament elections are due to take place on June 6-9.In the Commission's statement Tuesday, it said it suspects Meta is incompliant with DSA (Digital Services Act) obligations regarding tackling deceptive advertisements, disinformation campaigns, and coordinated inauthentic behavior in the EU.The Commission also said Meta may have infringed the DSA by demoting political content in the recommendation systems of Instagram and Facebook, which it said may have violated transparency requirements."We have a well-established process for identifying and mitigating risks on our platforms," a Meta spokesperson told CNBC vi
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META
Earnings
- 2/1/24 - Beat
META
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- META's page on the SEC website