Facebook parent company Meta received a record-breaking $1.3 billion fine in Europe (€1.2 billion) following a privacy violation that regulators have been investigating for a decade. It involves the transfer of Facebook data belonging to European Union users to the US. The EU started looking into the company's data transfer practices in 2013, following the Edward Snowden revelations.
The EU action comes just months ahead of a new planned data transfer deal between the US and the EU. Unsurprisingly, Meta is contesting the fine.
The post Meta hit with record-breaking $1.3 billion fine over Facebook data transfers appeared first on BGR.
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