Meta Fined Over 1.3 Billion
The EU is penalizing the tech giant for shipping data across the AtlanticEuropean Union regulators have fined Meta over a billion dollars for sending users’ data to the United States. Many companies operate using a free flow of data across the Atlantic, so the ruling will complicate other companies’ modes of business. Sam Schechner reports, The steep fine represents a step change from EU privacy regulators, who are increasing their enforcement of the GDPR, the bloc’s privacy law, some five years after it came into effect. A board of EU regulators has taken more control over cross-border decisions—and has insisted on bigger fines, people familiar with the deliberations say. -Sam Schechner, Facebook Owner Meta Fined $1.3 Billion Over Data Transfers to U.S. – WSJ Meta is not pleased with the decision, unsurprisingly, Read More ›
