After being forced to sell back Giphy by UK regulators, Mark Zuckerberg's Meta has been hit by a $414 million fine by Irish regulators for violating privacy norms. It has also been banned from forcing personalised ads on European users.
Meta's business relies largely on ads which target users based on their online activity, but the two fines and a ban on doing so in the EU, will deal a major blow to its revenue model. Meta is already haunted by falling ad revenues, and it also led to thousands of employees being laid off from the Facebook parent.
This isn't a first for Meta, which has been slammed for personal data leaks in different parts of the world in the past.
Thane Civic Polls 2025: 4.21 Lakh New Voters Added; Ward 8 Has Highest Count, Ward 10 The Lowest
Last VIDEO Of IAF Pilot Namansh Syal Killed In Tejas Crash Meeting Dignitaries At Dubai Air Show 2025; Tributes Pour In
Panvel Shocker: 12-Year-Old Girl Dies By Suicide After Argument Over TV Remote With Younger Brother
'Temporary Captain..': Rishabh Pant's Old Video Goes Viral Ahead Of Captaincy Debut In IND vs SA 2nd Test
