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== Regulatory Environment == | == Regulatory Environment == | ||
June 2, 2023: Meta tests blocking Canadian users from accessing news content in Instagram and Fecebook. The bock is in response to a proposed bill that will require tech giants to pay publishers for reporting the content online. The Online News Act is being discussed in the senate and could be passed this month. Meta said it's ready to permanently block news content for Canadian Facebook and Instagram users if the bill is passed. The temporary block will affect 1-5% of its 24 million Canadian users<ref>https://finance.yahoo.com/news/meta-tests-blocking-news-content-025737021.html</ref>. | |||
May 26, 2023: In an effort to avoid further U.K antitrust woes, Meta has given assurances on how it uses ad data to boost its Facebook Marketplace, which include; | May 26, 2023: In an effort to avoid further U.K antitrust woes, Meta has given assurances on how it uses ad data to boost its Facebook Marketplace, which include; | ||