Markzuckerberg
FB in top 10 largest data privacy settlements in U.S. historyCould the Meta Platforms sell-off be anticipated?? You have some answers here:
You were wondering wondering how Facebook used to read your mind when it comes to advertising?
Today Facebook agreed to pay $90 million to settle a data privacy lawsuit over its ability to track users’ internet use even after they had logged off using cookies.
The lawsuit was filed in 2012.
and who knows how many others will come?
There is a strong support at $200, but i think the real buy area below it.
Looking forward to read your opinion about it.
Facebook and Instagram shut down in EuropeIf you haven`t shorted FB at my first call, at $337, when Ark Invest started to sell it:
or when i warned you about a potential competition threat, at $340:
Then you need to know that Meta might have to shut down Facebook and Instagram in Europe, because it could soon find itself unable to transfer data between the US and Europe and so opt to no longer operate in Europe.
The issue are the new regulations on how data can be transferred or processed between different countries and regions.
I`m looking at a speculative buy under $200 level.
Looking forward to read your opinion about it.