May 24, 2023
The Irish Data Protection Commission (DPC) has evaluated the legality of Facebook’s (now Meta Platforms) data transfer for over 10 years. In those 10 years, we have seen the Irish DPC trying to avoid ruling on the matter multiple times and the European Data Protection Board (EDPB) forcing them to do it. We now have a final ruling on the matter, which is unfavorable to Meta. In fact, in addition to having to stop the data transfer within 5 months and having to move back all data within 6 months, Meta has to pay a € 1.
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January 10, 2022
The CNIL, France’s data regulator, fined Meta (Facebook) and Google for violating the GDPR for a total of 210M€. More specifically:
Google LLC (USA) got fined 90M€ Google Ireland Limited got fined 60M€ Facebook Ireland Limited got fined 60M€ Also, if the companies will not fix the issue within three months, an additional penalty of 100'000€/day will be added.
There are two facts that I think are very interesting about these fines: the reason behind the fines the fines issuer
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June 20, 2019
A few days ago, Facebook presented Libra, a blockchain-based cryptocurrency project.
After the inception of Bitcoin around ten years ago, we got more and more used to new cryptocurrencies being presented every other day. Often those projects are created by small teams of people, often anonymously. Facebook’s announcement is very different since Facebook is a huge company and has partnered with many other huge companies for this launch.
I’m very skeptical of Libra, and I think it will not succeed in the long run.
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(Fabio Alessandro Locati|Fale)'s blog