Meta Faces Potential Daily Fines from EU Over Ad Model
The European Union has stated that Meta, the parent company of Facebook, could be facing daily fines if it fails to make changes to its advertisement model. According to the EU, Meta’s current ad model is not in compliance with the region’s regulations. The EU’s concerns with Meta’s ad model are centered around the way the company processes user data. The regulators believe that Meta’s practices are not transparent enough and do not provide users with sufficient[…]