Meta

Meta Fined $263M Over 2018 Security Breach

Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions of user, which the company disclosed back in September 2018, TechCrunch reported. The penalty, issued on Tuesday by Ireland’s…

J
JenThorpe
Meta

Australia To Introduce ‘News Tax’ On Tech Companies

The Australian government plans to introduce a levy on social media companies and search engines to force them to pay for journalism after Meta, the owner of Facebook and Instagram, walked away from an existing arrangement, Financial Times reported. In…

J
JenThorpe
Meta

Commission Fines Meta €797.72 Million Over Abusive Practices

The European Commission has fined Meta €797.72 million for breaching EU antitrust rules by tying its online classified ads service Facebook Marketplace to its personal social network Facebook and by imposing unfair trading conditions on other online classified ads service…

J
JenThorpe