Meta Platforms has announced a significant reduction in its monthly subscription fees for Facebook and Instagram across Europe. The revised pricing, now set at 5.99 euros—down from the previous 9.99 euros—reflects Meta’s response to the intensifying scrutiny from privacy watchdogs and antitrust regulators. This move is seen as an attempt to reconcile the company’s ad-based…
All posts tagged EU privacy laws
Meta fined $1.3 billion for violating EU Privacy Laws
Meta, the parent company of Facebook, has been fined a record-breaking €1.2 billion ($1.3 billion) by European Union regulators for violating EU privacy laws by transferring the personal data of Facebook users to servers in the United States. The European Data Protection Board (EDPB) announced the fine in a statement Monday, saying it followed an…