EU Archives | Exhibit Tech

Meta, the parent company of Facebook has been fined a record whopping €1.2 billion by the Irish regulator for breaching EU data protection rules. The Irish Data Protection recently announced that Meta has violated General Data Protection Regulation (GDPR) by moving data between Europe and the US. Regulators added that Meta failed to protect European users from having their data used under US law. Meta fined record €1.2 billion Meta will now be fined €1.2 billion and also be required to delete the Facebook data or move it back to Europe. This fine is the most EU has levied upon any company under the EU's General Data Protection Regulations. The previous record was held by Amazon. The Jeff Bezos-owned company was fined a hefty €746 million by regulators in Luxembourg. However, the four biggest fines after Amazon have been paid by Meta itself as a part of issues revolving around Facebook, Instagram, and WhatsApp. Meta has issued a statement calling the fine 'unjustified and unnecessary' adding that it will appeal the ruling. It also stated that there will be immediate disruption to the way Facebook operates. The company has been vocal about how the new limits on data transfer to the US could cause the company to shut down operations in the EU. This could lead to Facebook and Instagram shutting down in Europe entirely. Meta's president of global affairs Nick Clegg and chief legal officer Jennifer Newstead said in a statement that the company feels disappointed to have been singled out. The ruling was called unjustified and a dangerous precedent for countless other companies. This marks the third fine imposed on Meta so far just this year in the EU and its fourth in six months. With Meta always being in the news in recent times over company-wide layoffs and budget cuts, the big fine only puts the company down furthermore.

What's Hot

200MP Telephoto + RICOH GR Camera? Realme GT 8 Pro Is the Street Photographer’s Dream Come True!

Nothing Ear (Open) Review: Transparency Taken Literally

YouTube introduces Gemini-powered ‘Ask’ feature for PC and smartphone: Here’s how it works

Browsing: EU

Meta fined €1.2 billion by EU over European data transfer

EU wants replaceable batteries on smartphones

200MP Telephoto + RICOH GR Camera? Realme GT 8 Pro Is the Street Photographer’s Dream Come True!

Nothing Ear (Open) Review: Transparency Taken Literally

YouTube introduces Gemini-powered ‘Ask’ feature for PC and smartphone: Here’s how it works

Most Popular

LIDAR Explained

OpenAI to Launch AI-Powered Hiring Platform by 2026

OpenAI Launches ‘Atlas’ Browser to Take on Google Chrome

Our Pick

Instagram Brings Diwali Festivity to Stories and Videos with AI-Powered Effects

My Instagram Feed Knows Me Better Than My Close Ones

Encouraging Collaboration and Inspiration Through Follower Engagement

Subscribe to Updates

What's Hot

Browsing: EU