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META Meta Platforms Inc

456.30
4.34 (0.96%)
Pre Market
Last Updated: 11:43:17
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
  4.34 0.96% 456.30 456.17 456.62 30,648 11:43:17

Facebook to Appeal UK Fine -BBC

21/11/2018 6:25pm

Dow Jones News


Meta Platforms (NASDAQ:META)
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--Facebook Inc. (FB) is appealing a fine levied against it by the U.K. Information Commissioner's Office that was imposed in the wake of revelations Cambridge Analytica improperly handled users' data, the BBC reported Tuesday.

--Facebook is arguing that because the ICO was unable to find evidence that U.K. users' data was improperly shared, the GBP500,000 wasn't justified, the report said.

--The fine was the maximum allowed under U.K. law. At the time it was imposed, the regulator said it would have handed the social network a bigger fine if it could have.

 

Full story: https://www.bbc.com/news/technology-46292818

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

November 21, 2018 13:10 ET (18:10 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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