[imagesource:wikicommons]
It would seem that Jiu Jitsu boffin and Facebook owner, Mark Zuckerberg, is going to have to sell a superyacht to cover this latest fine. Although, it may be a price he is willing to pay to keep on selling your personal data.
Meta Platforms Inc. is set to be handed a record European Union privacy fine, eclipsing a € 746 million (R15,6 billion) penalty doled out to Amazon.com Inc.
According to MyBroadBand, Big Brother apparently failed to ‘heed a top court warning aimed at protecting users’ data from the prying eyes of US security services once it’s shipped to servers across the Atlantic’.
The regulator oversees the EU operations of most Silicon Valley firms, and will also order Meta to stop supposedly unsafe contractual clauses, that allow them to sell the info. EU judges in 2020 told Meta to order Facebook to cease moving data to the US, but it appears the company just ignored this order.
The previous highest fine was paid by Amazon in 2021 after the e-commerce firm was accused of mishandling personal data. Guess it turned out okay for Jeff as he still has a bigger, newer yacht.
“The Irish decision will only target Meta’s Facebook and won’t affect other Meta services, such as Instagram, or any of the other firms that have been transferring data the same way.”
The controversy started in 2013 after Edward Snowden leaked data that showed how the US Intelligence services were spying on people and their personal data. Snowden is however still stuck in Russia, which is probably freaking the US out.
In all honesty, the quicker Facebook falls, the better for us all.
Kry vir jou Zuckerberg.
[source:mybroadband]
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