The Latest Breaking News from Facebook

There are only four options for how Meta's future in Europe could play out.

Meta was sending data where it shouldn't, landing it in hot water – and now it has to pay the very, very high price.

Facebook, Instagram owner says ruling ‘flawed, unjustified, sets a dangerous precedent for countless other companies’.

The record fine was levied after a three-year probe

Concerns have been raised over how data was harvested from Europe to the US through the Facebook platform

As predicted, Meta’s fine is the largest under the EU’s stringent data privacy policy, putting European access to Meta services under threat.

The record fine was levied by Ireland's Data Protection Commission (DPC) after a three-year probe into the social media giant

U.S. stock futures are flat as the president and House speaker are set to meet to solve the debt-limit dispute. Treasury Secretary Yellen affirms June 1 debt-ceiling deadline. EU privacy regulators fine Facebook's parent. Ford will outline its EV plans. And China says Micron chips pose a security risk.

The company could have to pull Facebook and Instagram out of Europe.