Meta Facing Massive Fine For Breaching EU's Data Protection Regulation
Video Credit: Wibbitz Top Stories - Duration: 01:29s - Published
Meta Facing Massive Fine For Breaching EU's Data Protection Regulation
Meta Facing Massive Fine , For Breaching EU's , Data Protection Regulation.
NBC reports that Meta has been hit with a $1.3 billion
fine by privacy regulators in the European Union
over the transfer of users' data to the U.S. .
The regulators have contested several
mechanisms which legally allow Meta to
transfer personal data from the EU to the U.S.
In 2020, the European Court
of Justice struck down the latest
iteration, known as Privacy Shield.
.
According to the Irish Data Protection Commission,
Meta has infringed the EU's General Data Protection
Regulation (GDPR) by continuing to transfer data overseas.
According to the Irish Data Protection Commission,
Meta has infringed the EU's General Data Protection
Regulation (GDPR) by continuing to transfer data overseas.
NBC reports that Meta used standard
contractual clauses to transfer personal
data both in and out of the EU.
NBC reports that Meta used standard
contractual clauses to transfer personal
data both in and out of the EU.
According to regulators, these clauses do "not address
the risks to the fundamental rights and freedoms
of data subjects that were identifiedā in the GDPR.
Meta is now facing the highest fine any
company has faced for breaching the GDPR.
NBC reports that Meta responded by
saying that it would appeal both
the decision and the $1.3 billion fine.
We are appealing these decisions
and will immediately seek a stay with
the courts who can pause the
implementation deadlines, given
the harm that these orders would
cause, including to the millions
of people who use Facebook every day, Nick Clegg, Meta president of global affairs,
and Jennifer Newstead, Meta chief legal office, via NBC.
The news highlights an agreement between the U.S.
and the EU that sets up a framework for cross-border
data transfers that has yet to be put into effect.
With less than four months until the US presidential election, the government in Berlin is preparing for the possibility of a Trump victory. How could his return impact Germany and the EU?
Credit: euronews (in English) Duration: 02:13Published
Facebook and Instagram owner Meta says thereās a huge opportunity in the āsuper competitiveā artificial intelligence (AI) market, with the tech giant spending up to ā¬37 billion this year on developing infrastructure.
Credit: euronews (in English) Duration: 01:47Published
Celine Dion wasn't the only one fighting back tears during her amazing Olympics performance ... Kelly Clarkson was also reaching for the Kleenex box! Kelly was.. TMZ.com
Lisa Kudrow says she's finally rewatching 'Friends' because of Matthew Perry. The actress has previously admitted that she couldn't bring herself to watch reruns of the beloved NBC sitcom, explaining she didn't want to risk not liking her work on the show. But in a recent interview with The Hollywood Reporter to promote her upcoming Apple TV+ series 'Time Bandits,' Kudrow revealed that she's begun to revisit old 'Friends' episodes, in large part to keep the memory of her late co-star Perry alive. Perry died October 28th, 2023, at age 54.
Credit: The Hollywood Reporter Duration: 01:26Published
Travis Kelce , Makes First Onstage Appearance With, Taylor Swift.
On June 23, at the fourth of eight London
Eras Tour shows, Taylor Swift brought her all-star
boyfriend, Travis Kelce, on stage for the first time.
On June 23, at the fourth of eight London
Eras Tour shows, Taylor Swift brought her all-star
boyfriend, Travis Kelce, on stage for the first time.
Kelce appeared on the diamond walkway
at Wembley Stadium for his first-ever
onstage appearance with Swift.
Kelce appeared on the diamond walkway
at Wembley Stadium for his first-ever
onstage appearance with Swift.
Kelce performed alongside Swift for the intro
of 'I Can Do It With a Broken Heart' in the
new 'Tortured Poets' era of the show.
Normally, for the final transition of the show,
Swift is accompanied by two male dancers
who carry her to a heart-shaped couch. .
NBC reports that Kelce appeared in full
costume and showed off both his acting
and dancing skills while on stage.
The upbeat track from Swift's latest album
is reportedly about the wildly successful
Eras Tour and her breakup with
longtime partner Joe Alwyn in 2023. .
The upbeat track from Swift's latest album
is reportedly about the wildly successful
Eras Tour and her breakup with
longtime partner Joe Alwyn in 2023. .
The pair's high-profile relationship
has been going on for almost a year,
beginning with rumors last summer.
In September, the couple went public
with their relationships at a Kansas City
Chiefs game against the Chicago Bears.
According to NBC, Kelce had
already attended a number of
Swift's London Eras shows. .
Earlier this week, Swift posted a picture to Instagram of
her and Kelce with Prince William, Prince George and
Princess Charlotte, who also attended the June 20 show.
Earlier this week, Swift posted a picture to Instagram of
her and Kelce with Prince William, Prince George and
Princess Charlotte, who also attended the June 20 show
Credit: Wibbitz Top Stories Duration: 01:31Published
Supreme Court Rejects , Challenge to Tax Law on, Foreign Investments.
On June 20, the Supreme Court upheld a tax on foreign
corporate investments enacted by a Republican-controlled
Congress under former President Donald Trump.
On June 20, the Supreme Court upheld a tax on foreign
corporate investments enacted by a Republican-controlled
Congress under former President Donald Trump.
NBC reports that the case had attracted scrutiny when
conservative Justice Samuel Alito refused to recuse
himself despite ties with one of the challenging lawyers.
The case revolved around whether an individual can be
forced to pay taxes on investments in foreign-owned
companies regardless of if they were a source of income.
The case revolved around whether an individual can be
forced to pay taxes on investments in foreign-owned
companies regardless of if they were a source of income.
According to the 16th Amendment
of the Constitution, Congress has the
power to "collect taxes on incomes.".
In the case, Charles and Kathleen Moore claim they were
unfairly taxed on their $40,000 investment in an
India-based company called KisanKraft Machine Tools. .
While the company made a profit, the Moores
claim that they received no dividends and that
the money was reinvested in the business.
As a result, the Moores did not pay taxes between
2006 and 2017 on what the U.S. government later
defined as income from their investment. .
Due to a provision that was part of a major tax law
enacted by former President Donald Trump in 2017,
the Moores paid $15,000 in additional taxes.
They later sought a refund for that payment,
arguing that they had been unlawfully taxed
based on an increase in the value of a capital
investment not qualifying as income.
The couple's challenge was rejected
by the Supreme Court 7-2
Credit: Wibbitz Top Stories Duration: 01:30Published
Surgeon General Wants, Social Media to Include , Warning of Mental Health Risks.
On June 17, Surgeon General Vivek Murthy
called on Congress to require social media
platforms to give users a tobacco-style warning. .
On June 17, Surgeon General Vivek Murthy
called on Congress to require social media
platforms to give users a tobacco-style warning. .
NBC reports that Murthy warned that the
mental health crisis among young Americans
has become an urgent problem, citing social
media as "an important contributor.".
NBC reports that Murthy warned that the
mental health crisis among young Americans
has become an urgent problem, citing social
media as "an important contributor.".
According to Murthy, the warning would include
language that alerts users to potential mental health
harms associated with using social media.
A surgeon generalās
warning label, which requires
congressional action, would
regularly remind parents and
adolescents that social media
has not been proved safe, Vivek Murthy, U.S. Surgeon General, via NBC.
Evidence from tobacco labels
shows that surgeon generalās
warnings can increase
awareness and change behavior, Vivek Murthy, U.S. Surgeon General, via NBC.
Murthy reportedly went on to
acknowledge that a warning alone has
limitations and fails to make social media safe.
In an op-ed published in 'The New York Times,'
Murthy linked the amount of time spent using
social media with an increased risk for children
to develop anxiety and depression.
In an op-ed published in 'The New York Times,'
Murthy linked the amount of time spent using
social media with an increased risk for children
to develop anxiety and depression.
According to the American Psychological Association,
teens spend around five hours a day on popular
platforms like Instagram, TikTok and YouTube. .
In his 'NYT' op-ed, Murthy called on all social media
platforms to "proactively enhance and contribute to
the mental health and well-being of our children.".
One 2019 study found that the number of teens with suicidal thoughts increased 47% between 2008 and
2017, a period which also saw social media use soar.
Credit: Wibbitz Top Stories Duration: 01:31Published
Environmet Secretary, Steve Reed, has reiterated calls for an "immediate ceasefire" after the Israeli air force has released video it claims shows a strike on Hezbollah targets ādeep insideā southern Lebanon - as fears grow of a broader regional war Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The shadow paymaster general has defended the Conservativesā handling of public services while in government and accused Labour of ābreaking all their promisesā from their general election campaign. John Glen: "The facts show we had tough times with high borrowing costs, but we achieved 0.7% growth, the fastest in the G7, and inflation is down to 2%." Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sir Keir Starmer met with Team GB athletes in Paris. While observing the judo training, the prime minister joked that if he were to join them on the mat, "someone would throw me over, and that would be the end of it." Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mayor of Greater Manchester Andy Burnham has again called for calm after the Manchester Airport video, saying people do not want politicians to exploit the situation for their own political agenda. Roads and tram lines were blocked in Manchester city centre during a Stand Up To Racism demonstration which started outside Andy Burnhamās office on Thursday. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
With just hours to go before the Paris Olympics opening ceremony, France's high speed rail network has been hit by so-called 'acts of sabotage'. Some customers have been left unable to make the journey across the Channel due to the disruption, with others severely delayed. The London to Paris operator, Eurostar, has warned a quarter of services will be cancelled over the weekend - with many others diverted. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Facebook owner Meta was fined a record 1.2 billion euros ($1.3 billion). Irelandās regulator said that the company was ordered to stop transferring data collected from Facebook users in Europe to the..
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