meta platform A record related to the data transfer of the EU is set to face privacy fines FacebookTwo sources familiar with the matter said EU users used US servers for failing to comply with a warning by a top EU court.
The fine will exceed the previous record of EUR 746 million (roughly Rs. 6,660 crores). Amazon.Comaccording to sources.
Meta declined to comment, while the Irish Data Protection Commission (DPC) and the European Commission did not immediately respond to Reuters requests for comment.
EU regulators led by Helen Dixon, Ireland’s data protection commissioner, are finalizing a ban on a legal tool used by Facebook to transfer European user data as US intelligence agencies access the information. Can
In April, he said the Irish DPC had a month to order the blocking of Facebook’s transatlantic data flow. The ban may be in place till mid-May.
Europe’s highest court ruled in 2020 that the EU-US data transfer agreement was invalid, citing surveillance concerns.
Meta warned last year that an order banning the mechanism used to transfer data from Europe to the United States could force it to suspend Facebook services in Europe.
Meanwhile, Meta Platforms has joined the generative oh The product race this week, saying it will begin testing artificial intelligence-powered advertising tools that can create content such as image backgrounds and variations of written text.
At a press event in New York, Meta executives said a select group of advertisers would be invited to experiment with the tool in a “testing playground” the company is calling an AI sandbox.
© Thomson Reuters 2023