Current:Home > MarketsMeta hit with record $1.3 billion fine by EU over handling of Facebook users' personal data -Lighthouse Finance Hub
Meta hit with record $1.3 billion fine by EU over handling of Facebook users' personal data
View
Date:2025-04-14 11:52:55
London — Meta was fined the equivalent of a record $1.3 billion by the European Union on Monday for its transfer of users' personal data from Europe to the United States.
Andrea Jelinek, chair of the European Data Protection Board (EDPB), said Meta's infringement was "very serious since it concerns transfers that are systematic, repetitive and continuous."
"Facebook has millions of users in Europe, so the volume of personal data transferred is massive," Jelinek said in a statement. "The unprecedented fine is a strong signal to organizations that serious infringements have far-reaching consequences."
Meta was also ordered to bring its data transfers into compliance with European privacy law. It was given five months to stop transferring EU users' data to the United States and six months to stop storing European citizens' personal data in the U.S. that had previously been transferred in violation of EU privacy regulations, the Financial Times newspaper reported.
The tech giant said it would appeal the ruling and argued there was a problematic clash between U.S. and European privacy regulations.
"Without the ability to transfer data across borders, the internet risks being carved up into national and regional silos, restricting the global economy and leaving citizens in different countries unable to access many of the shared services we have come to rely on," Meta said in a statement.
The decade-long battle over where Facebook data is stored began after the disclosures of former National Security Agency contractor Edward Snowden prompted an Austrian privacy campaigner to bring a legal challenge over possible U.S. intelligence gathering in Europe, the Reuters news agency reported.
Last month, Meta said that it expected a new agreement over EU-US data transfers to come into effect before it has to suspend them, Reuters reported.
- In:
- Meta
Haley Ott is an international reporter for CBS News based in London.
TwitterveryGood! (71814)
Related
- NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
- Who was the designated survivor for the 2024 State of the Union address?
- The best Oscar acceptance speeches of all time, from Meryl Streep to Olivia Colman
- Lionel Messi scores goal in Inter Miami's Concacaf Champions Cup match vs. Nashville SC
- The Daily Money: Disney+ wants your dollars
- Kylie Jenner Reacts to Critics Who Say Relationship With Timothée Chalamet Inspired Her New Look
- 2024 designated hitter rankings: Shohei Ohtani now rules the NL
- Kylie Jenner Reacts to Critics Who Say Relationship With Timothée Chalamet Inspired Her New Look
- Immigration issues sorted, Guatemala runner Luis Grijalva can now focus solely on sports
- Pencils down: SATs are going all digital, and students have mixed reviews of the new format
Ranking
- Giants, Lions fined $200K for fights in training camp joint practices
- Paul Simon will be honored with PEN America's Literary Service Award: 'A cultural icon'
- Military lifts Osprey's grounding months after latest fatal crashes
- Find Out Who Won The Traitors Season 2
- Meta donates $1 million to Trump’s inauguration fund
- Sex abuse survivors dispute Southern Baptist leadership and say federal investigation is ongoing
- United Airlines plane rolls off runway in Houston
- Walmart to expand same-day delivery options to include early morning hours
Recommendation
$73.5M beach replenishment project starts in January at Jersey Shore
Natalie Portman and Benjamin Millepied Privately Divorce After 11 Years of Marriage
Thousands of self-professed nerds gather in Kansas City for Planet Comicon’s 25th year
Trump attorneys post bond to support $83.3 million award to writer in defamation case
Chief beer officer for Yard House: A side gig that comes with a daily swig.
Norfolk Southern alone should pay for cleanup of Ohio train derailment, judge says
Love Is Blind's Jess Confronts Jimmy Over Their Relationship Status in Season 6 Reunion Trailer
Dinosaur-era fossils of sea lizard with a demon's face and teeth like knives found in Morocco