Meta, the social media giant has been fined a record-breaking €1.2 billion ($1.3 billion) by the Data Protection Commission of Ireland. It is instructed to cease transferring data collected from Facebook users in Europe to the United States. The ruling marks a major violation of European Union data protection regulations. Meta Fined For Privacy Violation

The post Meta Fined €1.2 Billion In Landmark EU Ruling appeared first on CoinGape.

Meta, the social media giant has been fined a record-breaking €1.2 billion ($1.3 billion) by the Data Protection Commission of Ireland. It is instructed to cease transferring data collected from Facebook users in Europe to the United States. The ruling marks a major violation of European Union data protection regulations. Meta Fined For Privacy Violation

The post Meta Fined €1.2 Billion In Landmark EU Ruling appeared first on CoinGape.