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Nasdaq rebounds as cooling US inflation weighs on dollar
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Record-smashing heat wave surges from West to eastern US, Canada
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Hurdles record holder Tharp claims first win as professional in Budapest
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Wildfires that ravaged historic forest outside Paris contained
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McIlroy and Scheffler unconcerned by their place in golf history
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NY state pauses new large data center projects in US first
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Gill enjoys more Edgbaston success as India beat England in 1st ODI
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England v Argentina: World Cup battles
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IBM shares plunge as AI spending boom disrupts business
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NY pauses new large data center projects for one year
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Green groups sue to block Trump rule gutting species habitat protections
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First day of new Lebanon-Israel talks in Rome has ended: US official
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Man Utd sign Aston Villa midfielder Tielemans
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Cuba faces third nationwide blackout in less than 10 days
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Pogacar inspired by Djokovic after Tour de France jeers
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Trump backtracks on plan to toll Hormuz ships
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Balogun admits red card furore affected US World Cup team
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France, Spain battle for place in World Cup final
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Pogacar inspired by Djokovic amid Tour de France jeers
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Pogacar inspsired by Djokovic amid Tour de France jeers
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'Gus' the T. rex fetches record $50.1 mn at US auction
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Croatia ex-international Simic held in graft case
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Dollar slides as rate hike prospects ease, oil gains moderate
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Record-smashing US heat wave surges from West to East
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England won't be drawn into Argentina World Cup rivalry: Kane
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Why does Brazil's PIX payment system bother Donald Trump?
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Swiss World Cup squad return home to heroes' welcome
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Pogacar wins Tour de France 10th stage on Bastille Day
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Too hot: Buttoned-up Tokyo officials ditch suits for 'cool' shorts
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US Supreme Court justices defiant as threats hit home
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Arsenal agree Trossard fee for Beskitas switch
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Brighton sign Croatia defender Veskovic for record fee
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France flaunts firepower, unity with allies in huge parade
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US inflation cools in June before renewed Mideast fighting
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Ticking time bomb? Europe's ageing population brings challenges
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India spark collapse before Root leads England to 258 in 1st ODI
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Oil gains on fresh attacks, dollar slides as inflation slows
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Dua Lipa backs Albanian protests against Trump-linked resort
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Fire ravages popular forest outside Paris
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Dangote's mega oil project threatens fragile Kenyan ecosystem: Greenpeace
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US consumer inflation cools in June on lower energy costs
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Rose says there's still time to realise British Open dream
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Israel says ready to move on pilot zones amid new Lebanon talks
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Ukraine PM resigns in Zelensky-ordered reshuffle
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Croatia ex-international Simic held in graft case: report
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Glasner warns 'no button to press' for Forest success
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SCANDIC TRADE & SNC SCANDIC COIN:
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Irish regulator fines Meta 265 mn euros over data breach
Ireland's data regulator on Monday slapped Facebook owner Meta with a 265-million-euro ($275-million) fine after details of more than half a billion users were leaked on a hacking website.
The Data Protection Commission (DPC) said it had reached the decision following a "comprehensive inquiry process, including cooperation with all of the other data protection supervisory authorities within the EU".
Meta's European operations are based in Dublin, along with a number of other major global tech companies including Google, Apple and Twitter.
As a result, Ireland's data protection agency is the lead regulator responsible for holding them to account.
The watchdog found the social media behemoth led by Mark Zuckerberg had breached two articles of the EU's data protection laws.
In addition to the fine, the DPC said it had "imposed a reprimand and an order" requiring the Facebook owner to "bring its processing into compliance by taking a range of specified remedial actions within a particular timeframe".
There was no immediate reaction to the fine from Meta.
The Irish watchdog launched its probe in April 2021 to determine whether the EU-wide General Data Protection Regulation (GDPR) charter on data rights and the corresponding Irish legislation had been infringed.
Under the GDPR, which came into effect in 2018, social media users have a wider range of rights relating to their data.
Facebook has previously said that the data was "scraped" from the site by hackers in 2019, who took advantage of a feature designed to help people easily find friends using contact lists.
The fine follows a landmark decision by the Irish watchdog to fine Meta a record 405 million euros in September after its Instagram platform was found to have breached regulations on the handling of children's data.
In recent weeks, the European Union has voiced its fears over a fall in standards in data privacy and content moderation amid widespread job losses in the tech sector.
Meta said earlier this month it planned to lay off more than 11,000 staff amid an advertising slump.
The micro-blogging platform Twitter, which also has its European headquarters in Dublin, has attracted similar criticisms following its acquisition by Elon Musk.
Tech entrepreneur Musk cut around half of Twitter's 7,500 workforce, including many employees tasked with fighting disinformation, when he bought the firm.
T.Perez--AT