
Meta on Fine: GDPR Breaches
By Indu Tyagi Ketan , 19 January, 2023
Today’s globalized world roams around the most crucial communication tools, entertainment, and information via the internet. Without it, the day feels as if stuck. Again, advancing technology spurs modernization in day-to-day life.
But the real players who dominate the market are known under the acronym GAFAM, now GAMAM or GAMMA: Google, Meta (earlier known as Facebook Inc), Apple, and Microsoft. The market value of these companies makes them the largest internet companies all over the globe. Based on the brand value, these companies are among the top ten most valuable companies worldwide. With every new innovation, product, step, action, and service, these big five directly impact the global economy.
In recent news, this January, Meta was fined USD 413 million by Ireland’s Data Protection Commissioner for breaching the General Data Protection Regulation (GDPR) on its Facebook and Instagram platforms. So, GDPR is a regulation on privacy and data protection in Europe adopted in April 2016 and came into force in May 2018.
This January 2023, Meta was fined the highest for breaching one or more articles of the General Data Protection Regulation in the EU. Thus, the user data violation persists and continues to make news. Internet users have become more cautious about their online privacy.
Meta was Fined over $670 Million for GDPR Violations in 2022

Latest News

Leading technology giants Amazon, Google, and Meta have teamed up with other big energy users in a historic action at the CERAWeek 2025 energy conference in Houston to promote an ambitious initiative: doubling world nuclear power capacity by 2025…

China's refining sector showed resilience and adaptability in the first months of 2025, raising crude oil throughput by 2.1 percent over the year before. According to the National Bureau of Statistics, this increase resulted in a processing volume of…

In March 2025, Elsevier launched ScienceDirect AI, a world-renowned leader in science and health information science. This state-of-the-art generative AI tool can potentially transform the industry with its revolutionary advances in research. This…

The global electric vehicle (EV) industry has reached a pivotal milestone. The average price of lithium-ion battery packs has dropped below the USD 100 per kilowatt-hour (kWh) threshold, a benchmark long considered critical for achieving price parity…

In 2025, China will focus on self-sufficiency in high-tech industries by further integrating domestically produced semiconductor chips into the country\'s electric vehicle (EV) industry. By doing so, China aims to reduce reliance on foreign…

Chief Strategy Officer
Latest News




