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META Meta Platforms Inc

441.55
0.17 (0.04%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Meta Platforms Inc NASDAQ:META NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.17 0.04% 441.55 441.50 441.72 446.44 432.005 441.46 32,694,484 00:58:27

Facebook Sued in UK for at Least $3.15 Billion Over User Data, Sky News Reports

14/01/2022 6:44am

Dow Jones News


Meta Platforms (NASDAQ:META)
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--Facebook parent firm Meta Platforms Inc. is being sued in the U.K. for at least 2.3 billion pounds ($3.15 billion) over claims that more than 44 million users had their data exploited, Sky News reports.

--Dr. Liza Lovdahl Gormsen, an expert in competition law, has launched the class-action lawsuit at the Competition Appeal Tribunal claiming that the social-media site used its market dominance to compel users to agree to terms and conditions that allowed it to generate money from their data while users received no returns, Sky News reports.

--A Meta spokesman said: "[People] choose our services because we deliver value for them and they have meaningful control of what information they share on Meta's platforms and who with."

 

Full story: https://bit.ly/3nrG9LH

 

Write to Joe Hoppe at joseph.hoppe@wsj.com

 

(END) Dow Jones Newswires

January 14, 2022 01:29 ET (06:29 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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