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    Home»Economy»The Facebook owner was fined 265 million euros
    Economy

    The Facebook owner was fined 265 million euros

    Charlotte WhitmoreBy Charlotte WhitmoreNovember 29, 2022No Comments1 Min Read
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    The Facebook owner was fined 265 million euros
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    Meta, owner Facebookwas fined 265 million euros (1.47 billion Brazilian reals) for not protecting information, such as phone numbers, of about 530 million users in Europe. The penalty was applied on Monday (28/11) by the Commission for Data Protection (CPD) from Ireland, which analyzes These cases are in the European Union.

    This is the third time in about a year and a half that CPD has punished Meta, or affiliates like Instagram and WhatsApp, for episodes involving privacy violations. Altogether, the fines exceeded US$900 million.

    A spokesperson for Meta, Mark Zuckerberg’s company, said the company will evaluate the decision. Analysis of the case began last year due to an issue caused by a hacker, which occurred between May 2018 and September 2019.

    The authorities’ control over the activity of technology companies has been tight in Europe, even outside the eurozone. The body responsible for regulating competition between companies in the United Kingdom informed on Tuesday (22/11) that it had launched investigations against it An apple and the the alphabetowner of Google.

    The purpose of the investigation was to determine whether the dominance exercised by the two companies in operating systems used in mobile phones, as well as in cloud electronic games, harms consumers.

    Charlotte Whitmore

    Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.

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