December 26, 2024

Investors are staying on the sidelines amid a broad selloff in technology stocks this year. Shares of Facebook parent company Meta have fallen more than 30% this year amid troubling macro conditions and weaker-than-expected results.

Igor Golovniov | Sopa Images | Light Rocket | Getty Images

Facebook parent company Yuan On Monday, EU regulators accused its recently launched ad-supported social networking service of failing to comply with the bloc’s landmark antitrust rules.

This breaking news story is being updated.

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