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It’s business as usual on data transfers despite Meta ruling

Proposed new legislation means it is unlikely the Facebook parent company will have to pay the DPC’s €1.2 billion fine

Nick Clegg touts Metaverse to Simon Coveney as way to boost Irish education

Emails between tech giant’s Global Affairs President and Minister for Enterprise sent six weeks before Meta confirmed 500 more jobs cuts in Ireland

Facebook-parent Meta to cut close to 500 jobs in Ireland

Final number of redundancies is dependent on a collective consultation process with employees

Facebook-owner Meta must hand over data to European regulators in anti-competitive probe

The tech giant is being investigated over its sales platform and use of data

Analysis: Meta’s ‘innocent bystander’ act in data transfer dogfight is disingenuous following record fine

Given Meta has pumped $10 billion a year on the metaverse, for no real return, it is unlikely to break into a sweat over the DPC’s €1.2bn fine

Facebook fined €1.2bn, ordered to halt EU-US data transfers

Penalty easily eclipses the previous record €746m fine levied by EU regulators on Amazon in July 2021

Irish Data Protection Commission to order Meta to stop data transfers to US as firm faces EU fine

Decision will only target Facebook and won’t affect other Meta services

Artificial Intelligence

Meta introduces AI tools to create ads and predict performance

Company as been under pressure to rediscover growth in its core digital advertising business

Facebook must face privacy suit over Cambridge Analytica

Judge concludes Facebook board cannot be trusted to investigate the scandal

ESB unaware it was undercharging Meta until tech giant tipped it off

The energy regulator is investigating if there is a ‘systemic’ problem with ESB’s billing system after Business Post revelation

Regulator investigating ‘systemic’ issues in ESB system after Meta was undercharged for 18 months

An ESB error led to the Facebook owner being undercharged for power at Clonee data centre due to substation technical fault

ESB error led to Meta being undercharged for 18 months

Tech giant has not been fully charged for use of millions of euro-worth of power at Clonee data centre due to substation technical fault

Meta faces ‘colossal’ fine from data protection body

Insiders say the Facebook owner may also have to halt data transfers from the EU to its US servers

Anne O’Leary appointed as head of Meta’s Irish operations

O’Leary joined Facebook’s parent last year after nearly a decade leading Vodafone in Ireland

Twitter, YouTube, Instagram among sites to face new EU rules

Non-compliance with rules can cost the company as much as 6 per cent annual revenue or even get the platform banned

Connected newsletter: Week of woe at Indeed, more Meta layoffs and EU crypto law passed

Connected at the Business Post is your source for the news that matters in technology and innovation, all told from an Irish perspective

Facebook parent Meta prepares more job cuts

Meta will ask all North America employees who can work from home to do so on Wednesday

Mark Zuckerberg announces 10,000 more job cuts at Facebook-parent Meta

The company has already announced a series of cuts which have led to job losses at offices, including in Ireland

Meta Ireland boss Rick Kelley to step down after one year in charge

Kelley had been with Facebook’s parent business for 14 years and took over as head of Meta’s Irish division from previous long-serving boss Gareth Lambe

Zuckerberg follows Musk’s Twitter by launching subscription services for Facebook and Instagram

As ad sales stall, Meta has announced that it is to charge users for additional services