Facebook fined $165,645 by French data
watchdog
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[May 16, 2017]
PARIS
(Reuters) - Facebook <FB.O> has been fined 150,000 euros ($165,645) by
France's CNIL data watchdog for failure to prevent its users' data from
being accessed by advertisers. |
An illustration picture shows the log-on screen for the Website Facebook
on an Ipad, in Bordeaux, Southwestern France on January 30, 2013.
REUTERS/Regis Duvignau/File Photo |
CNIL said its
fine - which was imposed on both Facebook Inc and Facebook
Ireland - was part of a wider European probe also being carried
out in Belgium, the Netherlands, Spain and Germany into some of
Facebook's practices.
The 150,000 euros fine is small in the context of the company
which has quarterly revenue of about $8 billion and a stock
market capitalization which stands at around $435 billion.
(Reporting by Sudip Kar-Gupta; Editing by Andrew Callus)
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