Meta criticizes EU regulators after they charged the company with breaching antitrust rules and threatened to halt its block AI rivals on WhatsApp, Reuters reports. “The facts are that there is no reason for the EU to intervene in the WhatsApp Business API. There are many AI options and people can use them from app stores, operating systems, devices, websites, and industry partnerships,” a Meta spokesperson said in an email, according to Reuters.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- Corning’s fiber-optic business pushes stock to all-time highs, WSJ says
- ‘… Serious and Irreparable Harm’: Meta Stock Slides as EU Threatens Action over AI Policy
- Firmus Lands $10 Billion to Build AI Data Centers, with Nvidia (NVDA) at the Center
- Diamond Hill Capital boosts Meta Platforms stake by 20,305 shares
- Nvidia Stock Jumps 8% after Jensen Huang Defends AI Capex Surge
