Ireland slaps Facebook with more than $400M in privacy-violation fines

The tech giant was slammed with two fines totaling about 390 million euros, a little over $400 million in U.S. dollars. The decision was handed down by Ireland’s Data Protection Commission.

Facebook was found to have violated the European Union’s privacy rules by essentially forcing users to agree to have their data shared with advertisers in order to customize ad packages to individual users.

[One has to wonder how long American social media platforms will operate in the EU. Twitter also faces similar threats, especially after Musk’s buyout. — Ed]