Meta fined $1.3 billion | Meta fined $1.3 billion over data transfers in the US

File Photo Mumbai: Facebook owner Meta Platforms Inc has been fined $1.3 billion by European Union privacy regulators for sending users’ information to the United States, the Wall Street Journal reported on Monday. The fine exceeds the previous record fine of €746 million ($821.20 million) for Amazon.com Inc. Ireland’s data protection commissioner, Helen Dixon, had a month to order the stop because the EU is finalizing a ban on the legal tool Facebook used to transfer European user data. US intelligence agencies can access the information. In April, he said the Irish DPC had a month to order a halt to Facebook’s transatlantic data flow. The ban may be in place till mid-May. Also read EU-US data transfer agreement was invalid Europe’s highest court ruled in 2020 that the EU-US data transfer agreement was invalid, citing surveillance concerns. Meta warned last year that an order banning the mechanism used to transfer data from Europe to the United States could force it to suspend Facebook services in Europe.