• bitcoinBitcoin(BTC)$79,342.00-0.58%
  • ethereumEthereum(ETH)$2,495.120.21%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$741.41-1.08%
  • rippleXRP(XRP)$1.40-0.62%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$104.29-1.05%
  • tronTRON(TRX)$0.334591-0.08%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.060.00%
  • zcashZcash(ZEC)$1,162.08-4.45%
  • HyperliquidHyperliquid(HYPE)$85.58-1.97%
  • dogecoinDogecoin(DOGE)$0.0904861.03%
  • RainRain(RAIN)$0.016314-2.36%
  • USDSUSDS(USDS)$1.00-0.01%
  • moneroMonero(XMR)$521.49-0.59%
  • chainlinkChainlink(LINK)$12.833.76%
  • whitebitWhiteBIT Coin(WBT)$76.784.37%
  • leo-tokenLEO Token(LEO)$9.22-1.22%
  • cardanoCardano(ADA)$0.2207750.70%
  • stellarStellar(XLM)$0.1937545.70%
  • bitcoin-cashBitcoin Cash(BCH)$261.222.00%
  • daiDai(DAI)$1.000.00%
  • Ethena USDeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$6.95-2.37%
  • litecoinLitecoin(LTC)$55.202.03%
  • USD1USD1(USD1)$1.000.01%
  • CantonCanton(CC)$0.105748-3.64%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.40-1.36%
  • hedera-hashgraphHedera(HBAR)$0.0824522.34%
  • avalanche-2Avalanche(AVAX)$8.125.90%
  • suiSui(SUI)$0.834.05%
  • Global DollarGlobal Dollar(USDG)$1.000.01%
  • shiba-inuShiba Inu(SHIB)$0.0000050.86%
  • nearNEAR Protocol(NEAR)$2.32-4.31%
  • paypal-usdPayPal USD(PYUSD)$1.000.00%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • crypto-com-chainCronos(CRO)$0.057200-0.32%
  • tether-goldTether Gold(XAUT)$4,404.68-0.28%
  • Circle USYCCircle USYC(USYC)$1.140.00%
  • MemeCoreMemeCore(M)$1.152.34%
  • BittensorBittensor(TAO)$258.94-3.57%
  • Ripple USDRipple USD(RLUSD)$1.000.01%
  • okbOKB(OKB)$114.831.38%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.22%
  • AsterAster(ASTER)$0.77-0.74%
  • mantleMantle(MNT)$0.624.31%
  • aaveAave(AAVE)$132.43-0.13%
  • pax-goldPAX Gold(PAXG)$4,409.51-0.25%
  • OndoOndo(ONDO)$0.3872172.57%
  • polkadotPolkadot(DOT)$1.069.39%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

European Union escalating probe into Meta’s addictive features for kids: report

June 23, 2026
in Business
Reading Time: 8 mins read
A A
European Union escalating probe into Meta’s addictive features for kids: report
ShareShareShareShareShare

The European Union is reportedly escalating a probe into Mark Zuckerberg’s Meta over allegations that its social media apps are intentionally designed to get kids hooked.

The European Commission, the EU’s competition watchdog, is close to issuing its preliminary findings – including that Facebook and Instagram are built with addictive features, Bloomberg reported, citing people familiar with the matter.

YOU MAY ALSO LIKE

Hunter Biden launches crypto meme coin making light of laptop scandal

Baby Boomer executives aren’t leaving the C-suites – and that’s setting up a crisis for corporate America

EU officials have yet to determine exactly when they’ll announce the findings, the report said.


Meta has accused the EU of targeting American firms with major fines. Bloomberg via Getty Images

The investigation was first announced in May 2024 and focused on Meta’s potential violations of the EU’s Digital Services Act – which requires Big Tech firms to police content on their platforms.

Meta did not immediately return a request for comment.

EU officials previously said they were concerned that Facebook and Instagram “may stimulate behavioral addictions in children” as well as “rabbit-hole effects” – where kids keep using the apps in a way that causes their physical and mental health to suffer.

The commission had also expressed concern about the effectiveness of Meta’s age verification practices.

The issuing of preliminary findings are a crucial step in the European Commission’s investigation process. Meta will have an opportunity to propose remedies that address the bloc’s concerns.

Under the DSA, companies can be fined as much as 6% of their global sales if they are unable to satisfy regulators.


Meta faces an escalating probe in the EU.
Meta faces an escalating probe in the EU. wichayada – stock.adobe.com

Based on Meta’s fiscal 2025 revenue, that would mean a potential fine of about $12 billion – though the EU’s penalties to date in similar cases have come in far below that level.

Any severe crackdown on Meta could escalate tensions between the European Union and the Trump administration, which has repeatedly criticized EU officials for what it says are discriminary actions against US tech firms.

Charlie Gasparino has his finger on the pulse of where business, politics and finance meet

Sign up to receive On The Money by Charlie Gasparino in your inbox every Thursday.

Thanks for signing up!

The EU’s fines have become a sticking point in trade talks between the two sides.

Zuckerberg himself has described the EU’s fines as “almost like a tariff” that have become “sort of like an EU-wide policy for how they want to deal with American tech.”

Separately, Meta is facing a wave of more than 2,000 lawsuits in the US over allegations that its app have fueled social media addiction and online harm among kids.

In March, Meta lost a pair of historic court cases – one in New Mexico and another in Los Angeles – in what critics described as a “Big Tobacco moment” for the tech industry.  

Credit: Source link

ShareTweetSendSharePin

Related Posts

Hunter Biden launches crypto meme coin making light of laptop scandal
Business

Hunter Biden launches crypto meme coin making light of laptop scandal

September 7, 2026
Baby Boomer executives aren’t leaving the C-suites – and that’s setting up a crisis for corporate America
Business

Baby Boomer executives aren’t leaving the C-suites – and that’s setting up a crisis for corporate America

September 7, 2026
OPEC+ keeps oil output policy unchanged for October 
Business

OPEC+ keeps oil output policy unchanged for October 

September 6, 2026
Lululemon billionaire founder Chip Wilson files for divorce after 20 years of marriage — with no prenup in place
Business

Lululemon billionaire founder Chip Wilson files for divorce after 20 years of marriage — with no prenup in place

September 6, 2026
Next Post
US Supreme Court OKs Exxon’s bid to get compensation from Cuba

US Supreme Court OKs Exxon's bid to get compensation from Cuba

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Bryan Kohberger files petition to change guilty plea

Bryan Kohberger files petition to change guilty plea

September 4, 2026
Microsoft Brings OpenAI’s GPT-6 Astra to Foundry With Limited Access – Unite.AI

Microsoft Brings OpenAI’s GPT-6 Astra to Foundry With Limited Access – Unite.AI

September 4, 2026
Ratko Mladić, the ‘Butcher of Bosnia’, given hero’s funeral in Serbia – theguardian.com

Ratko Mladić, the ‘Butcher of Bosnia’, given hero’s funeral in Serbia – theguardian.com

September 7, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!