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Facebook fined 1.2 billion euro over mishandling of users' data

Brussels: Following the EDPB’s binding dispute resolution decision of Apr 13, Meta Platforms Ireland Limited (Meta IE) was issued a 1.2 billion euro fine following an inquiry into its Facebook service, by the Irish Data Protection Authority (IE DPA). more

Meta plans to slash thousands of employees this week: Report

California: Meta Platforms Inc., which is the owner of popular social media platforms Facebook and Instagram, is planning another round of layoffs and will slash thousands of employees in ...

Facebook's parent company Meta may begin large scale layoff this week: Reports

California: Social media giant Facebook's parent company Meta Platforms Inc is planning to begin large-scale layoffs this week, media reports said on Monday.

Ireland imposes €225 million fine on Whatsapp for breaching EU privacy laws

Dublin/JEN: Ireland on Thursday slapped a record 225-million-Euro ($267 million) fine on Facebook-owned messaging service, Whatsapp, for breaching the European Union (EU) data privacy law ...

PepsiCo joins growing advertising boycott of social media site Facebook: Reports

Moscow/Sputnik: The US food and beverage giant PepsiCo is set to pull its adverts from Facebook, joining a range of firms that have started a boycott of the social media platform due to c ...

Cambridge Analytica gaffe costs Facebook USD 58 billion

Menlo Park: Social networking giant Facebook has endured a tough week, losing USD 58 billion following the company's admission that it failed to properly handle a data breach, allowin ...

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