Facebook Given Record $1.3 Bln Fine, Given 5 Months to Stop EU-US Data Flows 

In this file photo taken on January 12, 2023, in Toulouse, southwestern France, shows a tablet displaying the logo of the company Meta. (AFP)
In this file photo taken on January 12, 2023, in Toulouse, southwestern France, shows a tablet displaying the logo of the company Meta. (AFP)
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Facebook Given Record $1.3 Bln Fine, Given 5 Months to Stop EU-US Data Flows 

In this file photo taken on January 12, 2023, in Toulouse, southwestern France, shows a tablet displaying the logo of the company Meta. (AFP)
In this file photo taken on January 12, 2023, in Toulouse, southwestern France, shows a tablet displaying the logo of the company Meta. (AFP)

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.

The long-running battle over where Facebook stores its data began a decade ago after Austrian privacy campaigner Max Schrems brought a legal challenge over the risk of US snooping in light of disclosures by former US National Security Agency contractor Edward Snowden.

Meta said last month it expected a new pact facilitating the safe transfer of EU citizens' personal data to the United States would be fully implemented before it has to suspend transfers.

That would mean its previous warning that a stoppage could force it to suspend Facebook services in Europe would not come to pass.

Officials have said the new data protection framework - agreed by the European Union and US government in March 2022 - may be ready by July, but Meta also cautioned that there is a chance it might not be ready in time.



Meta Agrees to Pay Trump $25 Mn to Settle Account Ban Lawsuit

Meta CEO Mark Zuckerberg has expressed support for US President Donald Trump. Drew ANGERER / AFP/File
Meta CEO Mark Zuckerberg has expressed support for US President Donald Trump. Drew ANGERER / AFP/File
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Meta Agrees to Pay Trump $25 Mn to Settle Account Ban Lawsuit

Meta CEO Mark Zuckerberg has expressed support for US President Donald Trump. Drew ANGERER / AFP/File
Meta CEO Mark Zuckerberg has expressed support for US President Donald Trump. Drew ANGERER / AFP/File

Meta has agreed to pay President Donald Trump $25 million to settle a 2021 lawsuit he filed claiming he was wrongfully censored by Facebook and Instagram after the US Capitol riot, the company said Wednesday.

The Wall Street Journal first reported the settlement of the suit brought against Meta and its chief executive Mark Zuckerberg, in what was seen as a victory for Trump.

According to people familiar with the agreement, the Journal said, $22 million of the payment will go towards funding Trump's future presidential library, with the remainder covering legal fees and payments to other plaintiffs in the case.

Meta in the settlement will not admit wrongdoing over the suspensions of Trump's accounts.

A spokesperson for Meta confirmed the settlement to AFP.

Trump had widely criticized social media platforms for suspending his accounts after the January 6, 2021 insurrection by his supporters, and comments he made that were seen as praising people engaged in the violence.

But he has recently courted tech titans including Zuckerberg and X owner Elon Musk, both of whom attended Trump's presidential inauguration last week in Washington.

Zuckerberg has expressed support for Trump, and he has tweaked Meta's policies to lift restrictions on some content within the company's apps, which include Facebook, Instagram, Threads and WhatsApp.

Meta would be "restoring free expression on our platforms," Zuckerberg, who reportedly dined with Trump at his Florida estate in November, said this month in announcing a rollback of fact-checking operations.

The settlement is the latest bow by media corporations as they gird for a second Trump presidency.

In December, ABC News agreed to pay a $15 million settlement payment to resolve a defamation lawsuit brought by Trump stemming from on-air comments about him made by a top anchor.

Earlier Wednesday Meta reported its net income soared by 59 percent to $62.36 billion for the full year.