Technology
Facebook given record $1.3 billion fine, given five months to stop EU-US data flows
Meta said that it will appeal the ruling, including the "unjustified and unnecessary fine", and seek a stay of the orders through the courts.
![Facebook given record $1.3 billion fine, given five months to stop EU-US data flows](/media/60794/conversions/yhgfrj-1280x720.webp)
Dublin: Meta (META.O) was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the European Union (EU) for its handling of user information and given five months to stop transferring users’ data to the United States.
The fine imposed by Ireland's Data Protection Commissioner (DPC) concerned Meta's continued transferring of personal data topped the previous 746 million euro record EU privacy fine by Luxembourg on Amazon.com Inc (AMZN.O) in 2021, according to a DPC statement on Monday.
Meta said in a statement that it will appeal the ruling, including the "unjustified and unnecessary fine", and seek a stay of the orders through the courts.
The long-running battle over where Facebook stores its data began a decade ago after Austrian privacy campaigner Max Schrems brought a legal challenge over the risk of U.S. snooping in light of disclosures by former U.S. National Security Agency contractor Edward Snowden.
Meta said last month it expected a new pact facilitating the safe transfer of EU citizens' personal data to the United States would be fully implemented before it has to suspend transfers.
That would mean its previous warning that a stoppage could force it to suspend Facebook services in Europe would not come to pass.
Officials have said the new data protection framework - agreed by the European Union and U.S government in March 2022 - may be ready by July, but Meta also cautioned that there is a chance it might not be ready in time.
SOURCE: REUTERS
-
Weather 1 day ago
Cloudy, sunny weather in Lahore, rain also expected
-
World 2 days ago
Nepali Airlines plane skids, crashes during take-off, 18 killed
-
Crime 18 hours ago
Five killed, three wounded in Karachi’s DHA firing
-
Pakistan 18 hours ago
Bad weather: Flight operations severely affected in Lahore
-
Weather 2 days ago
Rain likely at isolated places; humid weather to continue: PMD
-
Pakistan 1 day ago
Imran Khan candidate for chancellorship of Oxford University
-
Business 13 hours ago
Gold price up by Rs1,000 per tola in Pakistan
-
Pakistan 2 days ago
Nawaz, Zardari standing on wrong side of history: Fawad