Meta hit with $1.3 billion fine over Facebook’s EU-US data transfers

The EU has issued a record-breaking €1.2 billion ($1.3 billion) fine to Facebook owner Meta over data transfers. After a lengthy investigation, officials found the social network’s practice of moving EU citizens’ data to US-based servers was in violation of the bloc’s key digital privacy rules. In a statement, Ireland’s Data Protection Commission said that … Read more

Beijing bans Chinese companies from using Micron chips in critical infrastructure

China’s cybersecurity regulator has banned Chinese firms from buying chips from US memory manufacturer Micron Technology. Per Reuters, the Cyberspace Administration of China (CAC) said Sunday it found that the company’s products pose “significant security risks” to critical Chinese information infrastructure, including state-owned banks and telecom operators. The ban comes after China announced a review … Read more

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