Raymond James analyst Melissa Fairbanks downgrades ON Semiconductor (NASDAQ:ON) from Outperform to Market Perform.
Meta Faces EU Investigation Over Child Safety Concerns: Report
Meta Platforms Inc (NASDAQ: META), the parent company of Facebook and Instagram, is under EU scrutiny for potential violations of child safety rules under the Digital Services Act (DSA). The European Commission's in-depth probe highlights concerns about Meta's content algorithms and age verification methods, fearing exposure to harmful content. Meta maintains its commitment to child safety, emphasizing its extensive tools and policies for online protection.