Tag Archives: Meta

Mark Zuckerberg, CEO of Meta, has officially joined the elite $200 billion net worth club, becoming one of the three wealthiest individuals globally. According to Bloomberg’s Billionaire Index, Zuckerberg’s net worth now ranks behind Elon Musk ($265 billion) and Jeff Bezos ($216 billion). Key Drivers of Zuckerberg’s Wealth Surge Meta’s Stock Surge: Meta’s stock has skyrocketed by nearly 60% in …

In a significant enforcement of EU data privacy laws, the Irish Data Protection Commission (DPC) has fined Meta, Facebook’s parent company, $101 million (€102 million) over inadequate security practices related to password protection. The fine comes after an investigation revealed that Meta had failed to adequately safeguard user passwords and had delayed notifying the regulator about the breach. The Breach: …