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Meta Platforms Inc (FB2A.MU)
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2 FAANG Stocks to Buy Now
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The Zacks Analyst Blog Highlights Exxon Mobil, Meta Platforms, Eaton Keysight Technologies and ANSYS
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- Financial Times
Meta fined €265mn by Irish watchdog over privacy concerns
Facebook and Instagram parent Meta has been fined €265mn by Ireland’s privacy watchdog over its handling of user data, bringing the total amount the technology giant has been fined by European regulators to nearly €1bn. The fine, announced on Monday by the Irish Data Protection Commission, ends an inquiry launched in April last year when details of more than 500mn Facebook and Instagram users were published online. Meta has regularly been in the crosshairs of privacy regulators around the world, with Ireland’s data watchdog often taking the lead in Europe as the company’s European headquarters are based in Dublin.
