digital advertising
Meta Ordered to Pay $550 Million to Spanish Media for Data Privacy Violations and Unfair Competition
Nov 20, 2025 07:32 pm CST
A Spanish court has ordered Meta to pay $552 million plus $60 million in interest to 87 media outlets for gaining unfair competitive advantage by violating EU data protection rules. The landmark ruling follows AMI's lawsuit claiming Meta systematically broke privacy laws between 2018-2023, creating unfair competition in digital advertising. The case highlights growing global tensions between tech giants and traditional media over data usage and advertising practices.
Alphabet Achieves Historic $100 Billion Quarterly Revenue Milestone Powered by AI Innovation and Cloud Growth
Oct 30, 2025 12:57 pm CST
Alphabet, Google's parent company, has reported its first-ever quarterly revenue exceeding $100 billion, marking a historic milestone driven by robust growth across its core search business and AI-enhanced cloud division. The tech giant posted a 16% year-over-year increase to $102.3 billion in Q3, with net income surging 33% to $35 billion as Google Cloud revenue soared 34% to $15.2 billion. This performance highlights Alphabet's successful strategy in capitalizing on the artificial intelligence boom reshaping the tech landscape.