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Meta to test showing eBay listings on Facebook Marketplace
Economic Times
·
7m ago
Medial
Meta is testing a feature in Germany, France, and the U.S. that allows Facebook Marketplace users to browse eBay listings and complete purchases on eBay. Despite appealing a $840 million fine by the European Commission for allegedly benefiting Facebook Marketplace, Meta aims to address the concerns raised. This collaboration offers eBay sellers increased exposure and provides Facebook users with a wider range of listings to choose from.
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Related News
The Trouble With Facebook Marketplace
Livemint
·
1y ago
Medial
Facebook Marketplace, originally intended as a platform for local buying and selling, has become a hotbed for scams and fraudulent activities. Users have reported encountering counterfeit listings, payment scams, and misrepresentation of products. Both buyers and sellers have fallen prey to fraudsters, with financial institutions urging Facebook to improve user protections. Despite the risks, many users still rely on the platform due to its wide reach. To avoid scams, experts advise using secure payment methods, verifying profiles, meeting in public places, scrutinizing listings, and inspecting items before making payments.
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eBay Introduces AI Tool for Generating Product Listings from Photos
Robots
·
1y ago
Medial
eBay has introduced an AI tool that can create product listings from photos, initially available in its iOS app. The tool automatically generates titles and descriptions based on uploaded images and provides additional details like category, subcategory, release date, list price, and shipping cost. While designed to assist first-time sellers, some long-time eBay sellers have criticized the quality of the AI-generated descriptions, noting inaccuracies and verbosity. Despite the criticism, eBay continues to leverage AI to streamline and improve the listing process, aiming to offer a magical listing experience for sellers.
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UK secures commitments from Amazon and Meta over retail platforms
Economic Times
·
1y ago
Medial
Tech companies Meta and Amazon have made commitments to protect fair competition on their retail platforms, as confirmed by Britain's competition watchdog. Amazon has pledged not to use competitor sellers' marketplace data to gain an unfair advantage, ensuring a level-playing field. Similarly, Meta has committed to not exploiting its advertising customers' data, giving competitors the ability to opt out of using their data to enhance Facebook Marketplace. The Competition & Markets Authority's investigation into Amazon Marketplace and Meta's use of advertising data has concluded with these commitments.
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Meta introduces Meta Verified subscriptions for businesses in India
YourStory
·
1y ago
Medial
Meta Platforms, parent company of Facebook, has introduced Meta Verified subscription businesses on Instagram and Facebook in India. This program offers verified badges, enhanced account support, impersonation protection, and additional features to promote discovery and connection for businesses. Meta Platforms initially launched the business plan last year as a test and has since expanded it to include four subscription plans. The verified badge is highly regarded by business owners, as it provides credibility and increases customer confidence. The subscription plans are currently only available for purchase on iOS and Android.
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Facebook Marketplace accounts leaked online — thousands of users possible affected, so secure your account now
Techradar
·
1y ago
Medial
Personal information of hundreds of thousands of Facebook Marketplace users has been stolen and posted on a dark web forum. The data includes names, phone numbers, email addresses, Facebook IDs, and profile information. The hacker claims that this is a partial database stolen by another threat actor who breached a Meta contractor late last year. The leaked information poses a serious risk of phishing, identity theft, and other cybercrime. Meta is yet to provide an official statement on the incident.
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Meta to be hit with first EU antitrust fine for linking Marketplace and Facebook, sources say
Economic Times
·
1y ago
Medial
Meta Platforms, the parent company of Facebook, is reportedly facing its first antitrust fine from the European Union (EU). The European Commission is expected to impose the fine after accusing Meta of unfairly bundling its classified ads service, Facebook Marketplace, with its social network. The EU also alleges that Meta abused its dominant position by imposing unfair trading conditions on competing online classified ads services. The fine could potentially be around $13.4 billion, representing 10% of Meta's global revenue for 2023. The EU is likely to make its decision in September or October. Meta has denied the claims.
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Amazon now lets sellers create listings through a URL by using AI
TechCrunch
·
1y ago
Medial
Amazon has introduced a new tool that uses AI to allow sellers to create listings based on items already listed on their website. By parsing details from an item's URL on another site, Amazon's generative AI-based features automatically create engaging listings. The company claims that 80% of sellers accept suggestions from its AI-powered tools. Amazon's move follows similar ventures by Google, eBay, and Shopify, all of which have introduced AI-powered tools related to products for advertisers and retailers.
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Meta tests cross-posting from Facebook to its Twitter/X competitor, Threads | TechCrunch
TechCrunch
·
1y ago
Medial
Meta, the parent company of Facebook, is reportedly testing a cross-posting feature that would allow users to post content on both Facebook and its messaging app, Threads. This feature, already available for cross-posting from Facebook to Instagram, aims to make it easier for content creators to share their updates on multiple platforms. The test is limited to iOS and excludes the EU. This potential addition could boost Threads' user base and increase the number of posts available on the app, which already has over 130 million monthly active users. Additionally, Facebook is testing a "Write with AI" writing assistant for composing posts.
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Meta oversight board to examine Israel-Hamas war content
Economic Times
·
1y ago
Medial
Meta's independent Oversight Board will review how the company handled violent content related to the Israel-Hamas conflict. The board will utilize a new expedited review mechanism to make decisions within 30 days. Social media platforms have been inundated with violent, misleading content during the conflict. One case involves the removal and restoration of a video on Instagram showing the aftermath of an explosion at a Gaza hospital. The other case involves a video on Facebook showing a woman being kidnapped. Meta welcomes the board's review and commits to implementing its decisions.
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Amazon and Meta settle UK investigations with pledges to refrain from unfair practices
Economic Times
·
1y ago
Medial
Amazon and Meta (formerly Facebook) have settled separate antitrust investigations by the UK's Competition and Markets Authority (CMA). Amazon's investigation focused on whether the company was harming competition by giving preference to merchants that paid for additional services. Amazon will no longer be able to use third-party sellers' data to gain an advantage, and sellers can negotiate their own delivery rates. Meta's probe looked into data collection practices and the embedding of Facebook Marketplace into its social network. Meta will allow competitors to opt out of data use and limit ad data use in product development.
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