Meta Faces Scrutiny Over Data Privacy as Share Prices Plunge

Meta Description: A court ruling favors Meta (formerly Facebook) as they obtain an injunction against the release of internal documents related to alleged human rights violations in Myanmar. Meanwhile, US regulators fine Google $2 billion over antitrust concerns regarding its advertising practices.

In legal news concerning tech giants, a court ruling supports Meta (previously known as Facebook) by granting them an injunction preventing the disclosure of internal documents pertaining to accusations surrounding human rights violations in Myanmar. These allegations stem from claims that social media platforms facilitated ethnic cleansing through hate speech and misinformation during 2017’s Rohingya crisis.

On another front, US regulators have imposed a hefty fine of $2 billion on Google (a subsidiary of Alphabet) due to antitrust concerns related to its dominance in the online advertising sector. The Federal Trade Commission (FTC) alleges that Google engaged in anti-competitive practices by favoring their own ad services over competitors’, resulting in reduced choices and higher prices for advertisers using their platform.

These developments underscore ongoing scrutiny of tech companies’ power structures, as governments worldwide continue to investigate potential abuses related to privacy breaches, monopolistic tendencies, and content moderation policies.

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