Meta just copped a A$1.9bn fine for keeping EU data in the US. But why should users care where data are stored?

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Meta, Facebook’s parent company, has just been hit with an eye-watering €1.2 billion fine (about A$1.9 billion) for breaches of the European Union’s General Data Protection Regulations (GDPR).

Unfortunately for Meta and its shareholders, earlier penalties mean it now faces a total fine amount close to A$4 billion.