Meta Platforms has been fined a record $1.3 billion for violating Europe’s data privacy law. The fine, announced Monday (May 22) by the Irish Data Protection Commission (DPC), came after the regulator found that Meta violated Europe’s General Data Protection Regulation (GDPR) by failing to...
Today in Europe, the Middle East and Africa, the Dutch technology firm Prosus announced that it has cancelled a planned takeover that would have seen its FinTech arm PayU merge with the Indian payment firm BillDesk. In Italy, a court has overruled a $169 million...
Taking the next step in its inquiry into a data breach of Meta’s Facebook platform, the Irish Data Protection Commission (DPC) has submitted a draft decision to other concerned supervisory authorities across the European Union (EU). As outlined in Article 60 of the EU’s General...
Meta Platforms has been fined 17 million euros ($18.6 million) for violating the European Union’s privacy regulations by failing to prevent data breaches on its Facebook platform. As Bloomberg News reported Tuesday (March 15), Irish Data Protection Commission (IDPC), which oversees privacy issues in the...
June 29, 2020
The pandemic has drastically affected how consumers are shopping and paying for even routine purchases, and this in turn has altered how businesses are accepting their payments. The rise of online and contactless transactions in the European Union, for example, has meant that many merchants are making the bulk of their sales away from brick-and-mortar […]
May 22, 2023
Meta Platforms has been fined a record $1.3 billion for violating Europe’s data privacy law. The fine, announced Monday (May 22) by the Irish Data Protection Commission (DPC), came after the regulator found that Meta violated Europe’s General Data Protection Regulation (GDPR) by failing to protect European Facebook users’ data from U.S. surveillance practices. Like […]
October 03, 2022
Today in Europe, the Middle East and Africa, the Dutch technology firm Prosus announced that it has cancelled a planned takeover that would have seen its FinTech arm PayU merge...
October 03, 2022
Taking the next step in its inquiry into a data breach of Meta’s Facebook platform, the Irish Data Protection Commission (DPC) has submitted a draft decision to other concerned supervisory...
March 15, 2022
Meta Platforms has been fined 17 million euros ($18.6 million) for violating the European Union’s privacy regulations by failing to prevent data breaches on its Facebook platform. As Bloomberg News...
