I wonder where that 30 billion figure comes from, could you have misheard?
Meta was fined for €1.2 billion (the largest fine ever) for mishandling user data in violation of GDPR. The other fines they had add up to less than two billion:
1. $800M for antitrust violations with Marketplace
2. $400M for collecting children's data on Instagram
3. $200M + $180 in Ireland for forcing users to accept new advertisement/personalization terms
4. $200M for a personal data leak
5. $200M for WhatsApp "unclear privacy policies"
6. $60M for failing to allow opt-out of third-party tracking
The law allows up to 4% of global revenue but it you stack fines it does start looking a bit ridiculous (especially #5). Though, as an EU resident, I'm happy someone is fighting for privacy and more a humane internet - even if that feels like a lost battle already.
Meta was fined for €1.2 billion (the largest fine ever) for mishandling user data in violation of GDPR. The other fines they had add up to less than two billion:
1. $800M for antitrust violations with Marketplace
2. $400M for collecting children's data on Instagram
3. $200M + $180 in Ireland for forcing users to accept new advertisement/personalization terms
4. $200M for a personal data leak
5. $200M for WhatsApp "unclear privacy policies"
6. $60M for failing to allow opt-out of third-party tracking
The law allows up to 4% of global revenue but it you stack fines it does start looking a bit ridiculous (especially #5). Though, as an EU resident, I'm happy someone is fighting for privacy and more a humane internet - even if that feels like a lost battle already.