- Meta, Facebook’s parent company, is considering adding a paid subscription service to Instagram and Facebook for European users, in response to EU regulations diminishing its data-collection methods.
- Europe accounts for 10% of Meta’s total advertising revenue.
- Meta previously faced fines in the EU for data privacy breaches, including a €1.2 billion fine for moving EU citizen data to US-based servers and a €265 million fine for failing to prevent data scraping.
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