It was also given a deadline to stop shipping users’ data to the United States Read more at straitstimes.com.
and given a deadline to stop shipping users’ data to the United States after regulators said it failed to protect personal information from the prying eyes of American security services.
On top of the fine, which eclipses a 746 million euros EU privacy penalty previously doled out to Amazon, Meta was given five months to “suspend any future transfer of personal data to the US” and six months to stop “the unlawful processing, including storage, in the US” of transferred personal EU data.
Monday’s decision is the latest round in a long–running saga that eventually saw Facebook and thousands of other companies plunged into a legal vacuum. While judges didn’t strike down an alternative tool based on contractual clauses, their doubts about American data protection quickly led to a preliminary order from the Irish authority telling Facebook it could no longer move data to the US via this other method either.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ERP rates to be reduced by S$1 at several locations during June school holidaysSINGAPORE — Electronic Road Pricing (ERP) rates will go down by S$1 at seven locations during certain time periods for the June school holidays.
Read more »
NFTs belonging to bankrupt crypto firm fetch nearly $3.3 million at auctionAuction house Sotheby's announced Friday seven non-fungible tokens from bankrupt cryptocurrency hedge fund Three Arrows Capital sold for about US$2.5 million (S$3.3 million) Of the tokens, 'Fidenza 725,' an image with graphic dashes and curves in a muted palette of cream, yellow, pink and black, fetched the highest price at over US$1 million. Three Arrows Capital purchased it for 135...
Read more »
Kosciuszko is King of the MileSingapore racing hailed its new equine superstar on Saturday after Lim’s Kosciuszko stamped his class in the $1 million Group 1 Kranji Mile (1,600m) while smashing the course record for good measure. The reigning Singapore Horse of the Year shaved 0.54 seconds off the...
Read more »
India's PhonePe raises additional $100 million from General AtlanticBENGALURU :Walmart Inc-owned Indian payments firm PhonePe on Monday said that it has secured an additional $100 million from private equity firm General Atlantic, in the latest round of its ongoing $1 billion fundraising.Including the latest round, PhonePe has raised a total of $850 million so far. Pho
Read more »