Meta Fined $1.3 Billion

Meta Fined $1.3 Billion

European Union privacy regulators fined Meta a record 1.2 billion euros ($1.3 billion) over the transfer of EU user data to the U.S.

The EU ordered the platform to stop sending users’ personal information to the U.S. by October.

Meta, the parent company of Facebook, previously warned its services may be cut off for its European users.

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The company vowed to appeal the decision and the fine.

Meta was hit with a record $1.3 billion fine by the European Union’s lead privacy regulator over its handling of user information and given Meta five months to stop transferring users’ data to the US $META

— Reuters (@Reuters) May 22, 2023

Meta was fined a record $1.3 billion and ordered to stop

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