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Meta Fined $263.5M for Security Breach in Facebook's 'View As' Feature
CNET· 2024-12-18 00:00
Back in 2018, 29 million Facebook users around the world were affected by a security breach that exposed their personal data. Six years later, the Irish Data Protection Commission, which regulates Facebook's parent company Meta in the European Union, has finally issued the company with a fine for the breach.The DPC announced on Tuesday it was fining Meta 251 million euros ($263.5 million) for failing to prevent cyberattackers from exploiting a vulnerability in Facebook's code. The exploit allowed them to us ...
Meta fined $263M over 2018 security breach that affected ~3M EU users
TechCrunch· 2024-12-17 21:00
Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions of users which the company disclosed back in September 2018. The penalty, issued on Tuesday by Ireland’s Data Protection Commission (DPC) — enforcing the bloc’s General Data Protection Regulation (GDPR) — is far from being the largest GDPR fine Meta has been hit with since the regime came into force over five years ago but is notable for being a substantial sanction for a single ...
Meta to set up $50M privacy payment scheme to settle Australian proceeding
TechCrunch· 2024-12-17 19:11
In Brief Meta has agreed to a $50 million payment program to settle a long-running proceeding in Australia related to misuse of information for political ad targeting, the country’s information watchdog OAIC announced Tuesday.The settlement concerns the 2018 Cambridge Analytica scandal, when data on millions of Facebook users was exfiltrated without their knowledge or consent by a developer on its platform. The OAIC sued Facebook in March 2020 — pursuing damages for the 300,000+ local users believed to have ...
Meta Platforms (META) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-12-17 02:01
Investors might want to bet on Meta Platforms (META) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a ch ...
Meta Can Deliver Big EPS Surprises In 2025, As Competitive Landscape Improves
Seeking Alpha· 2024-12-17 01:52
Meta (NASDAQ: META ) has seen a massive bull rally this year that has led to more cautionary voices for the stock. However, Meta could see a massive growth opportunity if the TikTok ban continues at the current timeline. Recently, the U.S. CourtI have worked in the technology sector for over 4 years. This included working with industry stalwarts like IBM. I have done my MBA in finance and have been covering various blue chip stocks for the past 6 years. Having hands-on knowledge in the technology sector has ...
Meta put on watch over terrorism content in the EU
TechCrunch· 2024-12-17 00:20
Ireland’s media regulator has put social media giant Meta on watch over terrorist content takedowns again — it issued a decision against Facebook on Monday. The Coimisiún na Meán said the tech giant would have to take “specific measures” to prevent its services from being used for the dissemination of terrorist content and report back to the regulator on the measures taken.The decision follows a similar determination by Coimisiún na Meán against Meta-owned Instagram in November, along with TikTok and X. T ...
Meta's Rally Isn't Over: Why It Remains A Buy
Seeking Alpha· 2024-12-15 21:50
公司表现 - Meta在过去12个月中表现非常出色,回报率超过88% [1] 分析目的 - 分析Meta最近的上涨是否被夸大或合理,判断公司是否具有吸引力的买入机会 [1]
Possible Stock Splits in 2025: 2 Unstoppable Stocks Up 390% and 300% in 2 Years to Buy Now, According to Wall Street
The Motley Fool· 2024-12-15 20:45
文章核心观点 - 文章讨论了Meta Platforms和Netflix两家公司在2022年10月市场底部以来的强劲表现,并预测这两家公司可能在2025年进行股票拆分,进一步推动股价上涨 [1][4] 股票拆分的影响 - 股票拆分不会改变公司的基本面,但可以使股价更易于管理,如股票期权交易和基于股票的薪酬 [2] - 对于采用买入并持有策略的投资者,股票拆分可能会吸引更多关注,从而推动股价进一步上涨 [2] - 投资者可以通过提前发现潜在的股票拆分候选者来受益,但公司必须已经处于强劲的财务状况,并且无论是否拆分,股价都能继续上涨 [3] Meta Platforms - Meta Platforms自2022年10月以来股价上涨了390%,主要得益于管理层对效率的关注和在人工智能方面的投入 [4][5] - 2023年运营利润增长了62%,2024年前九个月增长了52%,尽管在人工智能上的支出大幅增加 [5] - 人工智能是Meta业务的核心,通过机器学习算法优化内容推荐,提高用户参与度和广告转化率 [6] - 生成式人工智能有望为Meta的用户生成内容应用、消息应用和企业客户互动带来更多内容和广告机会 [7] - Meta当前股价为$620,华尔街分析师的中位数目标价为$660,暗示仅有6%的上涨空间,但当前股价仅为2025年预期收益的25倍,相对于其他大型AI股票来说非常便宜 [8] Netflix - Netflix自2022年10月以来股价上涨了300%,主要得益于广告支持的订阅层级和打击密码共享的措施 [4][9] - 广告支持的订阅层级吸引了7000万观众,帮助重新激发了订阅增长,过去两年订阅量增长了27% [9] - Netflix推出了自己的广告技术,并计划明年在所有广告市场推出,这为其广告业务的增长和收入提升提供了无限可能 [10] - 打击密码共享的措施虽然初期带来了一些困难,但最终显著提升了订阅收入 [11] - Netflix仍有在国际市场增长订阅用户的机会,并通过更好的广告变现和提高无广告订阅价格在成熟市场增加每用户收入 [12] - Netflix当前股价为$920,高于2015年上次拆分时的$700,JPMorgan分析师给出的目标价为$1,010,暗示未来一年有近10%的上涨空间 [13] - Netflix的股价目前为2025年预期收益的46倍,但由于业务中的运营杠杆,未来几年可能会有非常强劲的盈利增长 [14]
How To Earn $500 A Month From Meta Stock
Benzinga· 2024-12-13 21:43
Investors in Meta Platforms Inc. META may be eyeing potential gains from the company's dividends. The Facebook parent company currently offers an annual dividend yield of 0.32%. That’s a quarterly dividend of 50 cents per share ($2.00 a year).To earn $500 monthly from Meta, we start with a yearly target of $6,000 ($500 x 12 months).Next, we take this amount and divide it by Meta's $2.00 dividend: $6,000 / $2.00 = 3,000 shares.So, an investor would need to own approximately $1,892,370 worth of Meta, or 3,000 ...
A Meta outage hit Facebook, Instagram, WhatsApp and more—here's what we know so far
Techxplore· 2024-12-12 23:50
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Meta’s business product status page showed outages in several services. Credit: Meta A major outage is affecting users of popular social media and messaging services including Facebook, Instagram and WhatsApp around the globe. All these platforms are run by the social media giant Meta. As news of the outage spread, we learned ...