Facebook Fined $276M under GDPR
Facebook—Meta—was just fined $276 million (USD) for a data leak that included full names, birth dates, phone numbers, and location.
Meta’s total fine by the Data Protection Commission is over $700 million. Total GDPR fines are over €2 billion (EUR) since 2018.
Jay • November 30, 2022 7:19 AM
I’m curious, what are the chances of Meta actually having to pay any significant portion of that money, as opposed to negotiating it down to 1-10% of that, if not a full release?
$700m is peanuts for a $100+ bn revenue company and yet, somehow, I have the nagging feeling that they will not pay most of it, if any at all.