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Stock impact report

Privacy Commissioner takes Facebook to court over data breaches [Toronto Globe and Mail (Ontario, Canada)]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Privacy Commissioner takes Facebook to court over data breaches Facebook violated the privacy of Canadians when it failed to ensure third-party apps obtained the clear consent of users – and their friends – on how their personal information would be used, privacy watchdogs say. The company faces the possibility of billions of dollars in fines in the United States, and has already been fined £5, ($87,) in Britain for those lapses. But the federal regulator said it does not have the power to levy such penalties, and will ask the Federal Court to force Facebook to comply with privacy laws, a process that could require more than a year and lead to fines in only the tens of thousands. The federal and B.C. privacy watchdogs called on Canadians to tell governments to give them the teeth to act themselves.Daniel Therrien launched the investigation in March, 218, in response to an international scandal over misuse of Facebook data by the British political consulting firm Cambridge Analytica. T Show less Read more
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