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Added on the 04/01/2023 20:24:39 - Copyright : Euronews EN
Meta has been ordered to stop transferring European user data across the Atlantic by October to comply with strict EU privacy rules.
The US Federal Trade Commission has unveiled a proposal that would bar social media giant Meta from profiting off the personal data collected from child users. The FTC is accusing Facebook and Instagram's parent company of repeated violations of data privacy policies. Also in the show, regional US lender WestPac is looking at "strategic options", fuelling concerns over the banking sector. Plus, after the US Federal Reserve, the European Central Bank is set to raise interest rates further.
Nicole 'Coco' Fox from Ireland committed suicide in 2018 after being bullied online.
Finally agreed on Thursday, the EU's new rules regulating Big Tech companies like Google, Meta, and Microsoft are tipped to set a global standard.View on euronews
The federal law will require new cars to incorporate breath sniffing sensors and finger-scanning detectors to prevent drink-driving.
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