Meta: Meta faces $3.6 million fine in Brazil for allowing fake ads

Goal faces a good up to 20 million reais (3.62 million dollars) after losing a trial in Brazilby a department store that accused the company of accepting paid advertisements that fraudulently used the retailer’s name to mislead consumers.

In her ruling, Judge Joana Ribeiro found it unacceptable that Meta sells ads in an unsafe manner to maintain its business model. The Havan department store chain described the decision as a “milestone” in the protection of the company’s rights.

Meta declined to comment but can appeal the decision.

Chinese Electric vehicle Manufacturers suffer a setback in Europe

Chinese Carmakers registered fewer electric cars in Europe in July as new models rates Amplified the impact of a broader decline in electric vehicle sales.

According to Dataforce, Chinese brands accounted for 9.9% of EV registrations in the region, up from 10.2% in July 2023. Overall demand for EVs continued to weaken after Germany, Europe’s largest car market, removed incentives.

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But Chinese carmakers and their European counterparts importing battery-electric cars into the EU have been struggling to adapt to the introduction of new tariffs, which have increased duties on Chinese-made electric vehicles by up to 48%.

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