Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Politics
Anusuya Lahiri

Irish Data Watchdog, South African Competition Commission Penalize Facebook Parent Meta

Meta South Africa Competition Commission Facebook FB WhatsApp Wikimedia Commons
  • Privacy watchdog Irish Data Protection Commission penalized Meta Platforms Inc (NASDAQ:FB) €17 million ($19 million) for failing to prevent a series of data breaches on its Facebook platform in 2018, Bloomberg reports. The breach affected up to 50 million accounts. 
  • "This fine is about record-keeping practices from 2018 that we have since updated, not a failure to protect people's information," Meta said.
  • South Africa's Competition Commission looked to penalize Meta by 10% of its South African revenues after removing a local platform called GovChat from the WhatsApp Business Application Programming Interface, Bloomberg reports.
  • Meta justified the removal citing compliance issues. "GovChat has repeatedly refused to comply with our policies, which are designed to protect citizens and their information, preferring to prioritize its own commercial interests over the public," a WhatsApp spokesperson told Bloomberg. 
  • Price Action: FB shares traded higher by 1.64% at $189.69 on the last check Tuesday.
  • Photo via Wikimedia Commons
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Middle children are more cooperative than their siblings, study suggests
After decades of debate, one of the largest ever studies on birth order suggests it does actually make a difference
The Guardian - UK
The Guardian - UK
Work or play? The rise of online ‘kidfluencers’ is raising complex legal and ethical questions
Videos of children opening boxes of toys and playing with them have become a feature of online marketing – making stars out of children as young as two.
The Conversation
The Conversation
She's here for 'a kitchen pep talk' during the holiday whirlwind
If you’re feeling too overwhelmed to cook during the holidays, maybe a new book by Margaret Eby can help
The Independent UK
The Independent UK
All the celebrities that have supported Blake Lively after Justin Baldoni lawsuit
Lively has received a huge amount of support after filing the lawsuit against Baldoni
The Independent UK
The Independent UK
Where’s Santa? Here’s how to track his journey this Christmas Eve
NORAD’s Santa Tracker website launched this year on December 1
The Independent UK
The Independent UK
Gen Z’s politics are hard to categorize – and a harbinger of a new political order
The great clashes to come will be less between left and right than between those inside and outside a dying establishment
The Guardian - US
The Guardian - US
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play