Meta/Facebook Fined Record $1.3 Billion for EU Data Privacy Violations

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Source: The New York Times
Meta/Facebook Fined Record $1.3 Billion for EU Data Privacy Violations
Photo: The New York Times
TL;DR Summary

Meta, the parent company of Facebook, has been fined a record €1.2 billion ($1.3 billion) by Ireland's Data Protection Commission for violating EU data protection rules. The company has also been ordered to stop transferring data collected from Facebook users in Europe to the United States. Meta said it would appeal the decision and that there would be no immediate disruption to Facebook’s service in the Europe Union. The ruling comes with a grace period of at least five months for Meta to comply.

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