Meta fined $25bn for 'lies' over user data privacy
World3 sources2 countries🔦 Under-reported24m ago
Meta has been issued a fine of $25 billion for misrepresentations regarding user data privacy. The penalty marks the largest financial sanction imposed on Facebook's parent company to date.
This record-breaking penalty significantly surpasses previous legal settlements involving the company, including an $18 billion agreement reached with the state of California.
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BBC WorldHighlights the record-breaking nature of the fine compared to previous settlements.