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Meta Fined $253 Million Over Facebook Hacks By Ireland
An Irish regulator helping to police European Union data privacy said Tuesday it had fined Facebook-owner Meta 251 million euros ($263 million) for a data protection failure that saw Facebook accounts hacked.
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Meta Faces Record EUR 1.2 Billion Fine in EU Over User Data Transfer to US
Facebook owner Meta has been fined a record EUR 1.2 billion (nearly Rs. 10,750 crore) for transferring EU user data to the United States in breach of a previous court ruling, Ireland's regulator announced Monday. The Irish Data Protection Commission (DPC), which acts on behalf of the European Union, said the European Data Protection Board (EDPB) ha...
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European Union Slaps Massive Fine On Facebook Owner Meta Over Data Rules
Facebook owner Meta has been fined a record 1.2 billion euros ($1.3 billion) for transferring EU user data to the United States in breach of a previous court ruling, Ireland's regulator announced Monday.
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Meta Set to Face Record EU Privacy Fine Related to Data Transfer of Facebook Users
Meta Platforms is set to face a record European Union privacy fine related to data transfer of Facebook's EU users to US servers for failing to comply with a warning by a top EU court, two sources familiar with the matter said. The penalty will be higher than the previous record EUR 746 million (nearly Rs. 6,660 crore) fine for Amazon.com, accordin...
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Meta Fined EUR 390 Million by EU Regulator, Told to Reassess Legal Basis for Personalised Ads
Meta on Wednesday was fined EUR 390 million by the lead privacy regulator for the European Union and directed to reassess the legal basis on how Facebook and Instagram use personal data to target advertising in the bloc. The company said it plans to appeal the substance of the rulings and the fines imposed by the EU's lead privacy regulator.
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Apple, Other US Tech Giants May Prefer Fines to Compliances: EU Antitrust Chief Margrethe Vestager
Some US tech giants may prefer to pay a fine rather than comply with antitrust rules, the European Union's antitrust chief said, and cited Apple's fight with the Netherlands' competition authority as an example.
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EU to Limit Political Advertisements Online; Facebook, Google to Face Fine if They Don't Comply
Concerned by the misuse of political advertising to undermine elections, the European Union unveiled plans to help people better understand when they are seeing such advertisements online and who is responsible for them.
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Google Loses Court Challenge Against EU Antitrust Ruling, Faces Fine of EUR 2.42 Billion
Google suffered a setback after Europe's second-highest court dismissed its challenge to an EU antitrust ruling and EUR 2.42 billion (roughly Rs. 20,830 crore) fine in a major win for EU competition chief Margrethe Vestager.
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US Tech Majors Stare At 6-10% Fines As European Union Set Rules To Curb Their Power
The rules are the most stringent attempt by the 27-country bloc to rein in the power of the US tech giants that control troves of data and online platforms on which thousands of companies and millions of Europeans rely on
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Big Tech Firms to Be Fined 6 Percent of Turnover if They Breach New EU Content Rules
Google, Facebook, and other Big Tech firms will face fines of up to 6 percent of their turnover if they do not reveal more about advertising and tackle illegal content under draft European Union rules.
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EU Throws New Rule Book at Google, Tech Giants in Competition Search
Exasperated by its failure to loosen Google's market grip, despite more than $8 billion in fines, the European Union is lining up new rules to level the playing field for rivals.
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Watch It, Facebook: New EU Data Rules May Have Broad Impact
A similar data breach in the future could make Facebook liable for fines of more than $1.6 billion under the European Union's new General Data Protection Regulation.
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Facebook, Google, Twitter Face Increased Pressure From EU Over User Terms
The European Commission and consumer protection authorities in the bloc wrote to the three companies in June, asking them to improve their proposed changes to user terms.
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Facebook-WhatsApp Acquisition: Social Media Giant Fined EUR 110 Million by EU
WhatsApp being acquired by Facebook has resulted in a EUR 110 million fine for the social networking giant by the EU.
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Facebook Fined 110 Million Euros Over 'Misleading' Information In WhatsApp Takeover
The European Commission on Thursday fined US social media giant Facebook 110 million euros ($120 million) for providing incorrect and misleading information on its takeover of WhatsApp.
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Meta Fined $253 Million Over Facebook Hacks By Ireland
An Irish regulator helping to police European Union data privacy said Tuesday it had fined Facebook-owner Meta 251 million euros ($263 million) for a data protection failure that saw Facebook accounts hacked.
-
Meta Faces Record EUR 1.2 Billion Fine in EU Over User Data Transfer to US
Facebook owner Meta has been fined a record EUR 1.2 billion (nearly Rs. 10,750 crore) for transferring EU user data to the United States in breach of a previous court ruling, Ireland's regulator announced Monday. The Irish Data Protection Commission (DPC), which acts on behalf of the European Union, said the European Data Protection Board (EDPB) ha...
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European Union Slaps Massive Fine On Facebook Owner Meta Over Data Rules
Facebook owner Meta has been fined a record 1.2 billion euros ($1.3 billion) for transferring EU user data to the United States in breach of a previous court ruling, Ireland's regulator announced Monday.
-
Meta Set to Face Record EU Privacy Fine Related to Data Transfer of Facebook Users
Meta Platforms is set to face a record European Union privacy fine related to data transfer of Facebook's EU users to US servers for failing to comply with a warning by a top EU court, two sources familiar with the matter said. The penalty will be higher than the previous record EUR 746 million (nearly Rs. 6,660 crore) fine for Amazon.com, accordin...
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Meta Fined EUR 390 Million by EU Regulator, Told to Reassess Legal Basis for Personalised Ads
Meta on Wednesday was fined EUR 390 million by the lead privacy regulator for the European Union and directed to reassess the legal basis on how Facebook and Instagram use personal data to target advertising in the bloc. The company said it plans to appeal the substance of the rulings and the fines imposed by the EU's lead privacy regulator.
-
Apple, Other US Tech Giants May Prefer Fines to Compliances: EU Antitrust Chief Margrethe Vestager
Some US tech giants may prefer to pay a fine rather than comply with antitrust rules, the European Union's antitrust chief said, and cited Apple's fight with the Netherlands' competition authority as an example.
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EU to Limit Political Advertisements Online; Facebook, Google to Face Fine if They Don't Comply
Concerned by the misuse of political advertising to undermine elections, the European Union unveiled plans to help people better understand when they are seeing such advertisements online and who is responsible for them.
-
Google Loses Court Challenge Against EU Antitrust Ruling, Faces Fine of EUR 2.42 Billion
Google suffered a setback after Europe's second-highest court dismissed its challenge to an EU antitrust ruling and EUR 2.42 billion (roughly Rs. 20,830 crore) fine in a major win for EU competition chief Margrethe Vestager.
-
US Tech Majors Stare At 6-10% Fines As European Union Set Rules To Curb Their Power
The rules are the most stringent attempt by the 27-country bloc to rein in the power of the US tech giants that control troves of data and online platforms on which thousands of companies and millions of Europeans rely on
-
Big Tech Firms to Be Fined 6 Percent of Turnover if They Breach New EU Content Rules
Google, Facebook, and other Big Tech firms will face fines of up to 6 percent of their turnover if they do not reveal more about advertising and tackle illegal content under draft European Union rules.
-
EU Throws New Rule Book at Google, Tech Giants in Competition Search
Exasperated by its failure to loosen Google's market grip, despite more than $8 billion in fines, the European Union is lining up new rules to level the playing field for rivals.
-
Watch It, Facebook: New EU Data Rules May Have Broad Impact
A similar data breach in the future could make Facebook liable for fines of more than $1.6 billion under the European Union's new General Data Protection Regulation.
-
Facebook, Google, Twitter Face Increased Pressure From EU Over User Terms
The European Commission and consumer protection authorities in the bloc wrote to the three companies in June, asking them to improve their proposed changes to user terms.
-
Facebook-WhatsApp Acquisition: Social Media Giant Fined EUR 110 Million by EU
WhatsApp being acquired by Facebook has resulted in a EUR 110 million fine for the social networking giant by the EU.
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Facebook Fined 110 Million Euros Over 'Misleading' Information In WhatsApp Takeover
The European Commission on Thursday fined US social media giant Facebook 110 million euros ($120 million) for providing incorrect and misleading information on its takeover of WhatsApp.
