No Result
View All Result
Thursday, July 3, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Showbiz
    Mike (Liam Neeson) travels to Nepal to scatter his late brother's ashes on Mt. Everest. When Mike and his mountain guide encounter mercenaries on a tour bus, they are forced to fight to save themselves, the passengers, and the local villagers' homeland. (Courtesy of Vertical)

    Netflix or Amazon Prime: Where will Liam Nesson’s ‘Ice Road: Vengeance’ stream?

    (File Photo)

    Actress Memoona Qudoos speaks out against sexual harassment in showbiz industry

    File photo

    Shefali Jariwala’s sudden death sparks Bollywood debate on anti-aging treatments

    (File Photo)

    India lifts ban on Pakistani YouTube entertainment channels

    Mahira Khan

    Mahira Khan speaks out against India’s restrictions on Pakistani artists

    File photo

    Post-mortem report of Shefali Jariwala reveals heart attack as cause of death

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Showbiz
    Mike (Liam Neeson) travels to Nepal to scatter his late brother's ashes on Mt. Everest. When Mike and his mountain guide encounter mercenaries on a tour bus, they are forced to fight to save themselves, the passengers, and the local villagers' homeland. (Courtesy of Vertical)

    Netflix or Amazon Prime: Where will Liam Nesson’s ‘Ice Road: Vengeance’ stream?

    (File Photo)

    Actress Memoona Qudoos speaks out against sexual harassment in showbiz industry

    File photo

    Shefali Jariwala’s sudden death sparks Bollywood debate on anti-aging treatments

    (File Photo)

    India lifts ban on Pakistani YouTube entertainment channels

    Mahira Khan

    Mahira Khan speaks out against India’s restrictions on Pakistani artists

    File photo

    Post-mortem report of Shefali Jariwala reveals heart attack as cause of death

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Thought Box
  • Showbiz
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Technology

Facebook-owner Meta to pay new $2 million UK fine

MM News Staff by MM News Staff
February 7, 2022

LONDON: Britain’s competition regulator said on Saturday it had fined Facebook-owner Meta (FB.O) 1.5 million pounds ($2 million) over fresh issues regarding its purchase of Giphy, a sanction that the US firm said it would accept.

Britain’s Competition and Markets Authority (CMA) has taken a tough line with major tech groups in recent years, investigating their dominance of markets such as digital advertising and seeking to block the Facebook-Giphy deal.

The CMA ordered Meta to sell animated images platform Giphy, which it acquired for a reported $400 million in May 2020, after it decided the remedies offered by the U.S. company did not answer its concerns over the impact to digital advertising.

It said on Friday that Meta had failed to comply with certain aspects of its requirements in regard to the handling of Giphy, with the US firm failing to notify the UK regulator that key staff had left Meta.

The CMA described this as a “serious and particularly flagrant nature of Meta’s failure to comply” with rules it set to make sure the two firms were still competing with each other, and do not integrate, while the regulator investigated the deal.

The nnouncement marks a new deterioration in relations between the US tech giant and the UK regulator.

The CMA fined Facebook 50.5 million pounds over other breaches in October last year, and ordered Meta to sell Giphy. Meta is appealing the ruling to sell.

Tags: Facebook
ShareTweetSendShare
Previous Post

Five Pakistani soldiers martyred in terrorists’ firing from Afghanistan: ISPR

Next Post

Meet the inventors of Peshawari ice cream

Related Stories

Phone 17 Air: Cutting-Edge Features in Apple’s Thinnest Phone Yet
Technology

Will the iPhone 17 Air be worth the hype? Here’s what to expect from Apple’s thinnest phone

June 29, 2025
(Getty Images)
Technology

AI’s dangerous evolution: From learning to lying to blackmailing its creators

June 29, 2025
Technology

YouTube introduces AI overviews in search results

June 27, 2025
Symmetry Group Limited has launched Pakistan’s first Generative AI Creative Studio
Technology

Symmetry Group unveils Pakistan’s first Generative AI creative studio

June 25, 2025
File photo
Technology

Russian messaging app to replace WhatsApp, telegram

June 25, 2025
Shubhanshu Shukla
Technology

Shubhanshu Shukla’s Axiom-4 mission marks India’s space comeback after four decades

June 25, 2025
File photo
Technology

Here’s how to prevent android smartphones from hanging

June 24, 2025
Cosmic Images
Technology

What are the first cosmic images captured by the world’s most powerful digital camera?

June 23, 2025
File photo
Technology

16 Billion passwords data breach: Everything you need to know

June 21, 2025
Mobile with Charger
Technology

Save battery and charger: What’s the right way to unplug your phone?

June 21, 2025
Next Post

Meet the inventors of Peshawari ice cream

Leave a Reply Cancel reply

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

Trending Stories

Image: Online
Crime

Video of influential woman assaulting young employee at Karachi store goes viral

by MM News Staff
July 3, 2025
Image: APP
Business & Stock

PSX continues bullish trend, gains over 800 points in early trading

by MM News Staff
July 3, 2025
Relatives waiting for updates on search efforts for at least 38 people still missing after a boat sank off Bali island. (AFP)
World

4 killed, 38 missing after boat sinks off the coast of Bali, Indonesia

by MM News Staff
July 3, 2025
Image: Sky News
World

Heatwave causes over 600 deaths across the UK

by MM News Staff
July 3, 2025
Representative image
Business & Stock

Latest forex rates in Pakistan today- 2 July 2025

by MM News Staff
July 3, 2025

Opinion

Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
munir ahmed oped
“Run Lola Run” – More than a movie to cultural bridging
June 27, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

File photo
Weather

Heavy rains, flash floods forecast across country during July 6-10

by MM News Staff
July 2, 2025

The Meteorological Department warns of urban flooding, flash floods, and landslides in several regions...

Heatwave. File photo

Europe heatwave claims four lives each in Spain, France

July 2, 2025
File photo

Pakistan flash floods, heavy showers kill 64 in a week

July 2, 2025
(File Photo)

Weather forecast for Karachi today

June 30, 2025
See all

Prices

representative image
Business & Stock

Latest gold prices in Pakistan today- 3 July 2025

by MM News Staff
July 3, 2025

The following are the latest gold rates in Pakistan on Thursday, July 3, 2025....

Online/File photo

NEPRA approves Rs1.15/unit cut in basic electricity tariff

July 2, 2025
(Image: Pakwheels)

Lucky Motor increases prices of KIA-brand vehicles by up to Rs700,000

July 2, 2025

Govt slashes profit rates on National Savings schemes

July 2, 2025
See all

Transport News

file photo
Transport

Islamabad Police issue traffic plan for today’s Muharram procession

by MM News Staff
July 2, 2025

The Islamabad Traffic Police (ITP) have announced special traffic arrangements ahead of the 6th...

File photo

BRT Peshawar increases bus fares

July 1, 2025
Dubai's flying taxi completes first test flight. (Image: Khaleej Times/: Neeraj Murali)

Dubai successfully tests first flying taxi flight

July 1, 2025

Parking is now free of charge on 46 major roads in Karachi

July 1, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.