Facebook given record $1.3 billion fine, given 5 months to stop EU-US data flows

Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the European Union for its handling of user information and given five months to stop transferring users’ data to the United States. The fine imposed by Ireland's Data Protection Commissioner (DPC) concerned Meta's continued transferring of personal data topped the previous 746 million euro record EU privacy fine by Luxembourg on Amazon.com Inc in 2021, according to a DPC statement on Monday. Meta said in a statement that it will appeal the ruling, including the "unjustified and unnecessary fine", and seek a stay of the orders through the courts. ($1 = 0.9084 euros)Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the European Union for its handling of user information and given five months to stop transferring users’ data to the United States. The fine imposed by Ireland's Data Protection Commissioner (DPC) concerned Meta's continued transferring of personal data topped the previous 746 million euro record EU privacy fine by Luxembourg on Amazon.com Inc in 2021, according to a DPC statement on Monday.