Facebook parent company Metaverse fined 390 million euros

On January 4th, local time, the Irish data privacy regulator issued a fine of 390 million euros (about 2.85 billion yuan) to the social media giant and Facebook’s parent company, Metaverse, on the grounds that the company’s social media software was in the public domain. Metaverse said it disagrees with the ruling and plans to appeal.

The Irish Data Protection Commission stated on the 4th that Metaverse used the user agreement of its social media Facebook and other products as a legal basis in violation of regulations, so as to serve behaviorally targeted advertisements to users based on their online activities. The Irish Data Protection Commission believes that Metaverse’s practice violated the EU’s user privacy protection law, so it imposed a fine of 390 million euros on the company and required its use of user data within three months to comply with EU regulations. Relevant legal regulations.

According to reports, Metaverse Company updated the user agreement of its social media software and services in 2018, including the terms that users agree to the company’s advertising through user data. Advertisement Basis. Metaverse disagreed with the penalty from the Irish Data Protection Commission and said it would appeal.

This is not the first time a Metaverse company has been penalized by Ireland’s data privacy watchdog. In November last year, Metaverse was fined 265 million euros by the Irish Data Protection Commission due to the leakage of the data of more than 500 million users of its social media Facebook.

Up to now, the Irish Data Protection Commission has issued a cumulative fine of 1.3 billion euros to Metaverse, and there are 11 other investigations against the company in progress.