FACEBOOK OWNER META FACES EU BAN ON TARGETED ADVERTISING
The European data regulator plans to extend a ban on "behavioral advertising" on Facebook and Instagram from Norway to all 30 European Union countries. This is a setback for Meta Platforms. A violation could lead to fines of up to 4% of its global turnover. Meta has said it will offer users in the EU the option to consent and introduce a subscription model in November to comply with regulatory requirements.