Facebook fined €150k by French watchdog
Facebook has been fined €150k by France's CNIL data watchdog for failure to prevent its users' data from being accessed by advertisers.
CNIL said its fine - which was imposed on both Facebook Inc and Facebook Ireland - was part of a wider European probe also being carried out in Belgium, the Netherlands, Spain and Germany into some of Facebook's practices.
The €150k fine is small in the context of the company which has quarterly revenue of about $8bn and a stock market capitalization which stands at around $435bn.
More to follow...