The ruling could limit the data that Meta can access to sell such ads, the report added.
Meta shares were down 1.3% in premarket trading.
(Reporting by Chavi Mehta in Bengaluru; Editing by Vinay Dwivedi)
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Other stock markets
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5-day change | 1st Jan Change | ||
452 USD | +2.33% | +1.96% | +27.69% |
05-03 | Tech platforms make pitch for ad deals as TikTok is roiled by politics | RE |
05-03 | Google trial wraps up as judge weighs landmark US antitrust claims | RE |
(Reuters) - European Union regulators have ruled that Meta Platforms' Facebook and Instagram should not require users to agree to personalized ads based on their digital activity, the Wall Street journal reported on Tuesday, citing people familiar with the decision.
The ruling could limit the data that Meta can access to sell such ads, the report added.
Meta shares were down 1.3% in premarket trading.
(Reporting by Chavi Mehta in Bengaluru; Editing by Vinay Dwivedi)
1st Jan change | Capi. | |
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+27.69% | 1,146B | |
+17.47% | 34.53B | |
+49.83% | 21.04B | |
-12.52% | 8.48B | |
-11.69% | 2.35B | |
+13.76% | 846M | |
-19.12% | 515M | |
-25.38% | 356M | |
-2.45% | 352M | |
+7.23% | 221M |