Meta Fined .4 Million By India, WhatsApp Data Sharing Blocked For 5 Years

Meta Fined $25.4 Million By India, WhatsApp Data Sharing Blocked For 5 Years

India’s competition watchdog directed WhatsApp to refrain from sharing user data for advertising purposes with other applications owned by Meta for a period of five years and fined the U.S. tech giant $25.4 million on Monday over antitrust violations related to the messaging application’s 2021 privacy policy. The Competition Commission of India (CCI) launched a…

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Meta-India net profit up 43% to ₹504 crore in FY24: Revenue up 9.3% to ₹3,034.8 crore, gross advertising revenue up 24%

Meta-India net profit up 43% to ₹504 crore in FY24: Revenue up 9.3% to ₹3,034.8 crore, gross advertising revenue up 24%

New Delhi51 minutes ago copy link The India unit of Facebook’s parent company Meta has released the results for the financial year 2024 on Saturday (November 2). Meta India’s net profit in FY24 increased by 43% year-on-year to Rs 504.93 crore. Meta India has benefited from strong growth in online advertising due to increasing digital…

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