Meta Fined $15 Million in South Korea

South Korea fines Meta $15 million for illegally collecting information on Facebook users
SEOUL — South Korea’s privacy watchdog on Tuesday fined social media company Meta $15 million for illegally collecting sensitive personal information from Facebook users, including data about their political views and sexual orientation, and sharing it with thousands of advertisers.
Meta Fined $15 Million in South Korea for Illegal User Data Collection
South Korea’s privacy watchdog on Tuesday fined social media company Meta $15 million for illegally collecting sensitive personal information from Facebook users, including data about their political views and sexual orientation, and sharing it with ...
Meta Fined for Collecting Data on Gay and Transgender Facebook Users
Sensitive information such as religious, political and sexual preferences has been collected without users' consent, says South Korea privacy watchdog.
Meta slapped with a $15 million fine by South Korea. Here’s why
A South Korean privacy watchdog fined Meta $15 million for illegally collecting sensitive personal information from Facebook users.
South Korea fines Meta about $15 million over collection of user data
South Korea has ordered Facebook owner Meta Platforms to pay 21.62 billion won ($15.67 million) in fines after finding it had collected sensitive user data and given it to advertisers without a legal basis,
South Korean watchdog fines Meta $15.6 million for illegal collection, sharing of user data
The firm, which also owns Instagram, violated South Korean laws prohibiting the use of information on political opinions, religious beliefs and people's sex life unless the individual provides explicit consent,
Meta fined nearly $15M by South Korea over user data collection - report
South Korea's Personal Information Protection Commission has imposed penalties of 21.62B won (about $15.67M) on Meta Platforms (NASDAQ:META) after finding that the Facebook owner allegedly collected sensitive user data and provided it to advertisers without a legal basis,

Meta extends ban on new political ads

Facebook parent Meta fired whistleblower after she criticized inflated, ‘out of thin air’ AI-revenue prediction, lawsuit claims
In late 2022, Facebook parent Meta saw ChatGPT go viral and went all in on developing its own version of generative ...
S. Korea fines Meta $15M for illegally collecting information on Facebook users
South Korea’s privacy watchdog has fined Meta 21.6 billion won for illegally collecting Facebook users’ sensitive ...
Barron's on MSN5d
Facebook’s Parent Meta Beats Earnings but Sees Increased Spending. The Stock Is Falling.
Meta Platforms reported better-than-expected earnings results on Wednesday but forecast rising infrastructure expenses next ...
Shacknews6d
Facebook (META) reports $4.4 billion loss at Reality Labs in Q3 2024
The Meta company's losses on Reality Labs were just about the same between Q2 and Q3 2024.
When Facebook became Meta, Big Tech's AI spending spree, and Elon Musk's robots: Tech news roundup
CEO Elon Musk said on Tuesday that he thinks humanoid robots will outnumber humans in less than 20 years. His company is ...
Facebook parent Meta projects sharp acceleration in AI costs after results beat Wall Street targets
By Katie Paul, Akash Sriram (Reuters) -Facebook owner Meta Platforms beat analysts' estimates for third-quarter revenue and ...
Courthouse News Service10h
DC Circuit doubts FTC authority to force additional privacy protections on Facebook
The appeal centered on a long-running dispute over Meta's misrepresentations that users could prevent the platform from ...
Seúl multa a Meta con 15 mlns dólares por recopilar ilegalmente datos de usuarios de Facebook
El organismo de protección de la privacidad de Corea del Sur impuso el martes una multa a la empresa de redes sociales Meta de 21,6 mil millones de wones (15 millones de dólares) por recopilar ...
Google and Meta are blocking political ads to combat misinformation. Some experts say it’s too late
Facebook, Instagram, Google and YouTube are clamping down on political ads in an effort to combat misinformation that could ...