Market Chatter: Meta Pauses Planned Updates to Commercial, Product Catalog, Advertising Terms

MT Newswires Live11-06 19:11

Meta Platforms (META) put planned updates to its Commercial Terms, Product Catalog Terms, Self-Serve Ad Terms and Ad Creative Generative AI Terms on hold, Reuters reported Friday, citing the company.

The changes were scheduled to take effect Nov. 20. Meta's existing terms remain in effect, a company spokesperson told Reuters.

Separately, the European Commission is investigating the recommendation systems used by Meta's Facebook and Instagram platforms over concerns about so-called "rabbit hole" effects, Reuters reported Friday.

Meta did not immediately respond to requests for comment from MTNewswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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