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Meta to delay new commercial terms criticised by publishers, advertisers

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In short

Meta Platforms, the parent company of Facebook and Instagram, has delayed the implementation of its updated commercial terms, which were criticized by publishers and advertisers. The company extended the implementation date from October 30 to November 20 to address concerns raised by these stakeholders. Meta has previously rejected claims that its new terms would give the company an unlimited right to use their content for AI services. The delay comes after complaints from publishers and advertisers to EU and UK antitrust authorities about the new terms.

Key points

  • Meta Platforms has delayed the implementation of its updated commercial terms.: Meta Platforms has delayed the implementation of its updated commercial terms.
  • The delay was extended from October 30 to November 20.: The delay was extended from October 30 to November 20.
  • The implementation date was changed to address concerns raised by publishers and advertis…: The implementation date was changed to address concerns raised by publishers and advertisers.

Sources checked by our analysis pipeline: 1

BRUSSELS, Oct 23 : Meta Platforms will extend the implementation date of updated commercial terms to November 20 from October 30 so it can address concerns from publishers and digital advertisers, the US tech company said on Friday.

Meta's move followed complaints by publishers and digital advertisers to EU and UK antitrust authorities about its new commercial terms, which they said would give the company an unlimited right to use their content for its AI services. Meta has rejected the claims.

"We are extending the effective date of our updated Commercial Terms and Self-Serve Ad Terms to 20 November to allow more time for us to explain to our partners and stakeholders what's changing and what's not," a Meta spokesperson said in an email.

Original source: www.channelnewsasia.com

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