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South Korea Slaps Meta with $15M Fine for Privacy Violations, Intensifying Global Scrutiny

By Yahoo! Finance   |   Nov 6, 2024 at 11:29 AM EST
South Korea Slaps Meta with $15M Fine for Privacy Violations, Intensifying Global Scrutiny

South Korea fined Meta $15 million for unlawfully collecting and sharing sensitive user data with advertisers. This penalty is part of a series of fines imposed by South Korean authorities due to concerns about Meta's data practices. Despite regulatory challenges, Meta's stock has shown significant gains.

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