May 22, 2023
EU levies biggest-ever data privacy fine against Meta
Lionel Bonaventure/AFP via Getty Images
European regulators announced today that Meta, Facebook's parent company, would have to pay a $1.3 billion fine for violating EU rules around internet users' data privacy. We delve into what went into the decision, as well as what it means for the company going forward. Plus, we check in with Julia Coronado, president of the National Association of Business Economics, about what the group's latest survey of economists says about the likelihood of a recession on the horizon. And, there's a move toward "green steel" that's seeking to de-carbonize the heavily-polluting steelmaking industry.
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Segments From this episode
Regulators fine Meta $1.3 billion for improper handling of European user data
Marketplace’s Nova Safo breaks down what went into the decision to issue Facebook’s parent company a record fine for violating EU privacy laws.
Survey of economists shows mixed opinions on recession likelihood
We check in with Julia Coronado, president of the National Association for Business Economics, about the group’s recent survey of economists.
The team
David Brancaccio
Host
Leanna Byrne
Host, BBC
Kelly Silvera
Executive Producer
Meredith Garretson Morbey
Senior Producer
Erika Soderstrom
Producer
Alex Schroeder
Producer
Ariana Rosas
Producer
Jarrett Dang
Digital Producer (gone fishing)
Jesson Duller
Media Producer
Nick Esposito
Media Producer
James Graham
Producer, BBC
Jo Critcher
Producer, BBC
Olie D'Albertanson
Producer, BBC
