Meta to face Record $821 Million EU Privacy fine over Facebook data transfer to US - Breaking Techno News

Meta, the parent company of Facebook, is facing a record €746 million ($821 million) fine from

the European Union's data protection watchdog, the Irish Data Protection Commission (DPC).

[{"selector":"#anim-4689a1e8-bc4d-4bde-a2eb-b0c8075c8790 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-68.41629671477476%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d92fab3d-bc2b-4528-afcb-703fda75e28d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7f23aa1a-1331-4197-98f7-8dede0d1d33c","keyframes":{"transform":["translate3d(0px, 173.30014%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The fine is for violating the General Data Protection Regulation (GDPR) by transferring user data from

[{"selector":"#anim-b7655762-d4a8-4ba5-91b4-ddb3484035b5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(11.643317037912004%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-68e0cf25-19de-4186-bf41-75c1cd4b09ee","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-396455bc-4703-40d7-83ac-8c3bec2ef38f","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

the European Union to the United States without adequate safeguards in place.

[{"selector":"#anim-263d116b-efc8-468a-8501-df4a8b4bb166 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-29.730947112971705%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-db77cdea-731b-4c41-b1e5-59fd80ef3186","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d92a16d6-c0ee-44ad-b93c-bc2439f06ec3","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

This is the largest fine ever imposed under the GDPR, and it is a significant blow to Meta.

[{"selector":"#anim-633aaebf-9163-433e-9592-d4a760437091 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-62.74519188615532%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-879fff01-0849-4998-ba2d-a69ccaa04a88","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-671cacbb-31c2-4f76-92d4-beb67b4c3eac","keyframes":{"transform":["translate3d(-116.9753%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Meta is the parent company of Facebook, Instagram, and WhatsApp. It was formerly known as Facebook, Inc.

[{"selector":"#anim-c6433a33-0dae-41ae-805e-9b11cf58b88f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-10.141509465311955%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9843faaa-955a-41a1-b73a-1f8c2bb498d1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3a8a3523-7486-4786-a3ee-a5541ad996a0","keyframes":{"transform":["translate3d(0px, 136.61112%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The metaverse is a hypothesized iteration of the internet as a single, universal and immersive virtual world

[{"selector":"#anim-cc519d94-49ab-46bb-84f8-1103f0d0e301 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-53.472222127410326%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0f2d158e-185b-43ca-b2ac-c6a90cd6b885","keyframes":{"transform":["translate3d(-114.81482%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-170a1278-526f-4a55-923e-0d6fcc714b41","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}]

that is facilitated by the use of virtual reality and augmented reality headsets.

[{"selector":"#anim-1853d41f-c708-4c84-bd53-88a00f5ce947 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.166666570590614%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-eb26a7a5-3130-4f0e-a97f-359c60fc6684","keyframes":{"transform":["translate3d(-113.58024%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3682fcf2-e8f3-4927-9bb7-3d18226d5042","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cf9ca251-9558-4a10-9ad2-30d38accc4e7","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The General Data Protection Regulation (GDPR) is a regulation in EU law on data protection and privacy in

[{"selector":"#anim-197c2e0d-5043-47a4-8a74-ee139572ec82","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-ea6b4a74-63dd-4c81-b20a-22fe320927a2","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-7cd3364f-1954-4b1b-8835-f4bbde18853c","keyframes":{"transform":["translate3d(113.58024%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-979bbee8-a456-4be2-bc98-0d4f73a48395","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}]

the European Union (EU) and the European Economic Area (EEA).

[{"selector":"#anim-b752fb24-2626-49dd-ae07-7bb41ecd5fec","keyframes":{"transform":["translate3d(-93.84966%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-98b02b00-d4f4-479b-b80a-c8de54f4918c","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-b26e56ae-2ca5-4959-bd84-c8d6adb135c1","keyframes":{"transform":["translate3d(113.58024%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-102feb1f-fcea-4a2f-bf07-d6ec63d1440d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3b3a1d92-1d33-466f-9e20-bbf4a412a07c","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The GDPR aims primarily to give control back to citizens and residents over their personal data

[{"selector":"#anim-fef37e7a-9898-4451-a0c8-0df83eeb7daf","keyframes":[{"offset":0,"transform":"translate3d(0, -164.26693%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -46.191860716%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -15.703918508000001%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -5.897182787%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -2.562564108%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":600,"fill":"both"}] [{"selector":"#anim-f9c730bd-fe4b-4e3f-9a25-74c9b52280f4","keyframes":{"transform":["rotate(-540deg) scale(0.1)","none"],"opacity":[0,1]},"delay":0,"duration":1000,"fill":"both","iterations":1}]

and to simplify the regulatory environment for international business by unifying the regulation within the EU.

[{"selector":"#anim-fbc2e476-1803-41aa-a44a-9a02a2788f8c","keyframes":[{"offset":0,"transform":"translate3d(0, -178.13749%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -50.09226218800001%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -17.029944044%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -6.395135891000001%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -2.778944844%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":600,"fill":"both"}] [{"selector":"#anim-ac77ab9a-78bd-4fb7-890d-e386cdf4c0bd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Read More