Meta

The Stack: EU Commits to GDPR Crackdown; Meta Shares Soar Following Q4 Results

This week: the European Commission commits to stricter GDPR monitoring, Meta sees shares rise after posting a positive outlook for 2023.

Legal proceedings dominated ad tech this week, with the EU Commission announcing it will overhaul how it monitors GDPR enforcement following pressure from the Irish Council for Civil Liberties. Microsoft, GitHub, and OpenAI also sparred with the law, requesting a copyright lawsuit against the trio be dismissed.

In social media, Meta saw shares soar by 20% after the company posted that its underlying business had improved during Q4 2022. Meanwhile, Elon Musk pushed towards his plan to bring payments to Twitter, with reports the company is developing new software and seeking regulatory approval in the US.

PressBox Digest

OneTag Launches UK Operations with Senior Hires to Drive Global Expansion

Adform First Global DSP to Integrate with Scope3 to Reduce Carbon Emissions in Programmatic

RTB House Increases Role with Prebid.org as Technology Member

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Hannah Dillon

Hannah joined ExchangeWire as staff writer in 2022, having previously worked in marketing, communications, and social media. Hannah graduated from the University of Manchester with a BA in Drama and English Literature.

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