Meta Seeks Solutions to EU Privacy Regulations Impacting Targeted Ads Meta’s Ad-Free Instagram Subscription for European Users Meta, the parent company of Instagram, is reportedly considering offering European users an ad-free version of the popular photo-sharing platform, Instagram, for a monthly fee of approximately $14 on mobile devices and up to $17 on desktops. This … Read more
Concerns Raised Over Limited Competition and Challenges for Businesses to Switch Providers The United Kingdom‘s anti-competition regulators have initiated an investigation into the dominance of Microsoft and Amazon in the cloud computing sector. Media watchdog Ofcom has referred the inquiry to the Competition and Markets Authority (CMA), marking the beginning of a comprehensive examination. Ofcom … Read more
Trading Suspensions Triggered as Stock Plummets More Than 29% Metro Bank’s Tumultuous Session: Shares of Britain’s Metro Bank underwent two brief trading suspensions early on Thursday in a highly volatile session that saw the stock plummet by over 29% from its previous close. After these suspensions, trading resumed shortly after 9:00 a.m. London time. The … Read more
Big Tech’s Remote Work Trends, Pandemic Impact, and Shift Towards Flexibility The decision by Meta, the rebranded Facebook giant, to relinquish one of its two leased buildings in London’s west end was hardly unexpected. The shift towards remote work, accelerated by the pandemic, has caused a dramatic reversal in Big Tech’s aggressive expansion strategies. In … Read more