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Zuckerberg eyes fight over Threads in EU

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2 years ago

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The Facebook founder launched Threads as a direct competitor to Elon Musk’s Twitter, but that’s not the only fight he has on his hands

 
Mark Zuckerberg, the US tech titan, has entered a high-stakes battle with the European Union (EU) by withholding his new Threads app from users in Europe. However, analysts believe he will face difficulties in winning this fight.

Threads, positioned as a competitor to Twitter, has gained over 100 million users within its first week on app stores.

Zuckerberg’s company, Meta, cited “regulatory uncertainty” surrounding the Digital Markets Act (DMA), an upcoming antitrust regulation, as the reason for not releasing Threads in Europe.

The DMA is set to take effect next year.

Diego Naranjo, head of policy at European Digital Rights, predicts that Meta will make Threads available to the rest of the world, leading Europeans to express frustration at being excluded and potentially pressuring the EU to soften the DMA.

“The reason they gave made me laugh,” said Naranjo. “The regulation is not uncertain, it’s very certain, it’s just that Meta doesn’t like it.”

Naranjo, however, believes this tactic will likely fail. Nevertheless, the outcome of this clash between Zuckerberg and the EU will be closely watched by other major tech platforms, as it could shape the regulatory landscape for all of them in Europe.

Tech companies like Meta frequently face regulatory challenges from EU authorities regarding their data collection and retention practices.

Compliance with the General Data Protection Regulation (GDPR), a comprehensive data privacy regulation in Europe, has been a struggle for these firms.

When the DMA was announced, tech companies responded with caution, as it primarily focused on business and competition matters, which seemed simpler compared to other potential regulatory issues.

The DMA prohibits large tech firms from favouring their own platforms, which poses a particular challenge for Meta’s Threads since it is connected to Instagram accounts.

However, Article 5.2 of the DMA introduced a significant provision: companies will be barred from transferring user data across platforms without obtaining consent. This requirement could have far-reaching implications for the operations of major tech companies.

The ongoing battle between Meta and the EU over Threads and the DMA underscores the tension between tech giants and regulatory authorities regarding competition, data privacy, and platform dominance.

The resolution of this conflict will have significant implications for the future regulatory environment in Europe and its impact on the tech industry as a whole.

AFP

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SpaceX IPO could make Elon Musk’s Mars dream a trillion-dollar reality

SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.

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December 12, 2025

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SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.


Investors are buzzing as SpaceX gears up for a potential IPO, aiming to raise more than $25 billion, possibly as soon as June. The offering could value the company at over $1 trillion, fueling Musk’s ambitious plans for Mars and beyond.

Despite the high-risk nature of space ventures, demand from retail investors is expected to be strong. Experts predict this IPO could become historic, with the company’s market value potentially soaring past $2 trillion once it launches.

Musk’s unconventional management style hasn’t slowed investor enthusiasm, even amidst regulatory hurdles. The funds raised could also support groundbreaking innovations, including energy-efficient space data centers.

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#SpaceX #ElonMusk #IPO #MarsMission #Investing #StockMarket #TrillionDollar #SpaceTech


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Russia shoots down 280+ Ukrainian drones as Zelenskyy pushes new peace plan

Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.

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1 day ago

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December 12, 2025

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Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.


Russia’s Defence Ministry claims it has shot down over 280 Ukrainian drones, with 40 intercepted near Moscow, some targeting the city directly. Emergency services responded to debris, and temporary flight restrictions were enforced at Moscow’s airports amid the attacks.

Meanwhile, President Zelenskyy revealed his team is finalizing a revised 20-point peace proposal, introducing new ideas on territorial control. Ukrainian and American officials are set to consult online, focusing on security guarantees rather than the detailed points of the plan.

As tensions rise, both military clashes and diplomatic efforts continue to shape the future of the conflict. Keep up with the latest updates and expert analysis on these unfolding events.

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#UkraineConflict #RussiaUkraine #Zelenskyy #DroneAttack #PeacePlan #Moscow #WorldNews #TickerUpdates


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Disney invests $1B in OpenAI to generate Marvel, Star Wars, and Pixar videos

Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.

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December 12, 2025

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Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.


Disney is taking AI to the next level, investing $1 billion in OpenAI to create a licensing deal that allows users to generate videos featuring more than 200 characters from Disney, Marvel, Star Wars, and Pixar. This partnership could redefine how fans interact with their favorite characters.

The deal will let users stream short AI-generated videos directly on Disney+, and ChatGPT will also produce images of Disney’s licensed characters. However, the agreement excludes talent likenesses or voices, keeping human performances separate.

Set to launch in 2026, the collaboration also gives Disney warrants to purchase additional OpenAI equity and use AI tools for product development, opening doors to new creative opportunities.

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