A Spanish Watchdog Penalizes Facebook Inc with 1.2 Million Euros
Facebook Inc- the most popular social networking platform has been penalized with $1.4 million for gathering personal information from users in Spain. The social networking website can use the personal information for advertising, the data protection watchdog in Spain mentioned on 11th September 2017. According to the Agencia Española de Protección de Datos (AEPD), which is Spanish Agency of data protection, the penalization stemmed from a detailed investigation of Facebook and conducted similar probes mainly in the Netherlands, Germany, France, and Belgium. The fine amounting to 1.2 million euros is a small fraction of the company’s quarterly revenue that amounts up to $8 billion with the stock market capitalization amounting roughly to $435 billion.
AEPD quoted that, they found three major cases on Facebook, which gathered details and personal information such as the gender, browsing history, personal tastes, and religious beliefs of millions of Facebook users in Spain without informing users about how their personal information will be used. The social networking giant did not respond immediately to a mail sent to it requesting its comments on the issue. According to the AEPD, the company did not adequately inform users about how it is planning to use the information gathered on any third-party website and failed to attain consent to utilize the information.
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