It’s been a little over five years since the GDPR came into effect and fines keep amassing — especially for social media platforms. New research by Dutch VPN company Surfshark has found that, since 2018, five of the most popular social media (Facebook, Instagram, TikTok, Whatsapp, and X/Twitter) have been fined over €2.9bn for violating the EU’s data protection law. Facebook alone accounts for nearly 60% of the total amount, with €1.7bn in penalties. Adding to Zuckerberg’s woes, Meta’s platforms combined have reached €2.5bn. TikTok has received the third highest amount in fines, at €360mn, while X (formerly Twitter) has…
This story continues at The Next Web
from The Next Web https://ift.tt/1PKz3du
Comments
Post a Comment