• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Investing

Meta brings eBay to Facebook marketplace: a bold new test for tech giant?

by January 9, 2025
written by January 9, 2025

Meta, the parent company of Facebook and Instagram, announced a series of significant changes this week, signaling a shift in its approach to both e-commerce and content moderation.

On Wednesday, the company revealed plans to test integrating eBay listings into Facebook Marketplace, while on Tuesday, it announced the abandonment of independent fact-checkers, replacing them with a user-driven “community notes” system, similar to that of X.

These moves come amidst ongoing regulatory scrutiny and evolving political dynamics, signaling a strategic recalibration by Meta.

eBay listings to appear on Facebook marketplace

Meta will launch a test in Germany, France, and the United States to allow users to browse eBay listings directly on Facebook Marketplace.

Transactions will still be completed on eBay, but this partnership will offer eBay sellers increased exposure to Facebook’s extensive audience, while Marketplace users gain access to a wider array of listings from the eBay community.

Meta noted that this strategic move aims to address points raised by the European Commission, which fined Meta $840 million in November for abusive practices benefitting Facebook Marketplace.

While Meta said it is appealing this decision, it is working to address the points raised.

The European Commission did not immediately respond to requests for comment.

Meta ditches fact-checkers, embraces “community notes”

In a more controversial move, Meta is abandoning the use of independent fact-checkers on Facebook and Instagram, replacing them with a “community notes” system, where commenting on the accuracy of posts is left to users.

In a video posted on Tuesday, along with a blog post, CEO Mark Zuckerberg stated that third-party moderators were “too politically biased” and that it was “time to get back to our roots around free expression”.

This decision comes as Zuckerberg and other tech executives seek to improve relations with US President-elect Donald Trump.

Political pressure and backlash

Trump and his Republican allies have long criticized Meta for its fact-checking policy, denouncing it as censorship of right-wing voices.

Trump expressed his approval of the changes, noting after the announcement that he was impressed by Zuckerberg’s decision.

When asked if Zuckerberg was “directly responding” to past threats from him, Trump responded: “Probably”.

Joel Kaplan, a prominent Republican who is taking over from Sir Nick Clegg as Meta’s global affairs chief, stated that the company’s reliance on independent moderators was “well-intentioned” but had resulted in censoring.

Campaigners against hate speech online reacted with dismay to the change, suggesting it was a move to cozy up to the incoming Trump administration.

“Zuckerberg’s announcement is a blatant attempt to cozy up to the incoming Trump administration – with harmful implications,” Ava Lee from Global Witness told Reuters.

“Claiming to avoid “censorship” is a political move to avoid taking responsibility for hate and disinformation that platforms encourage and facilitate,” she added.

Emulating X’s moderation system

Meta’s existing fact-checking program, introduced in 2016, refers posts that appear false or misleading to independent organizations.

These posts are then labeled, and can be moved lower in users’ feeds.

The company plans to replace this with “community notes,” a system where users of differing viewpoints agree on notes that add context or clarification to controversial posts.

The system, which will be first introduced in the US, mirrors X’s community notes. Elon Musk, the owner of X, responded to Meta’s decision by saying, “This is cool.”

Meta clarified that there would be “no change to how we treat content that encourages suicide, self-injury, and eating disorders.”

Fact-checking organization Full Fact, which participates in Facebook’s verification program in Europe, stated that it “refutes allegations of bias” made against its profession, with chief executive Chris Morris describing the change as a “disappointing and a backwards step that risks a chilling effect around the world.”

Meta said it has “no immediate plans” to remove its third-party fact checkers in the UK or the EU.

The post Meta brings eBay to Facebook marketplace: a bold new test for tech giant? appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Dow Jones drops, S&P flat on Fed uncertainty; Maplebear Rallies, Exxon and Shell slump
next post
Why Apple’s $1 billion bid couldn’t sway Indonesia’s ban decision

related articles

Asian markets open: Nikkei, Hang Seng fall on...

June 12, 2025

Aluminum and steel tariffs spark rise in secondary...

June 12, 2025

Airbus sees aviation boom ahead, global fleet to...

June 12, 2025

US-China trade talks and Washington’s decade-long effort to...

June 12, 2025

Europe markets open: Stoxx 600 dips as UK...

June 12, 2025

UK GDP falls by 0.3% in April as...

June 12, 2025

Gordon Brothers buys Poundland; pledges £80 mn for...

June 12, 2025

Air India plane crash: London-bound flight with 242...

June 12, 2025

Air India plane crash live update: Indian President...

June 12, 2025

Copper remains supported for now even as China...

June 12, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Harris now backing away from several far-left stances she once promoted

    July 30, 2024
  • Obama allies, advisers helped lead the charge among Dems looking to sink Biden ahead of official announcement

    July 21, 2024
  • Apple COO engages with Chinese officials amid US-China tensions and geopolitical strains ahead of iPhone 16 launch

    July 24, 2024
  • Ben Carson dispels rumors about joining White House in specific role, says he will meet with Trump soon

    November 18, 2024
  • 5 reasons why Kamala Harris’ closing argument may give her a win

    October 30, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,005)
  • Investing (634)
  • Stock (809)

Latest Posts

  • Secret meeting between US, Israel, UAE held to discuss postwar plans for Gaza

    July 23, 2024
  • Trump ends feud with swing-state governor he slammed as ‘disloyal’

    August 23, 2024
  • Poland says Moscow is ‘mocking’ Trump with deadly Ukraine strike

    April 14, 2025

Recent Posts

  • Elon Musk’s Neuralink raises $650 million in fresh capital

    June 3, 2025
  • Robert F. Kennedy, Jr. suspends campaign, backs Trump for president

    August 23, 2024
  • SCOOP: GOP push for new House committee to probe Biden decline ‘cover-up’ gains steam

    May 29, 2025

Editor’s Pick

  • Walz unknown by 4 in 10 Americans, but favorability rating tops Vance: poll

    August 21, 2024
  • Gold and Silver: Gold at a new all-time high on Friday

    August 19, 2024
  • Biden says DNC anti-Israel agitators ‘have a point,’ rips Trump as ‘not worthy’ of Oval Office

    August 20, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock