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NPAN Approves Imposition of $220m fine on Meta

THE Newspapers Proprietors Association of Nigeria has endorsed the imposition of a $220 million fine on Meta Platforms operating in Nigeria. Meta Platforms Incorporated is the parent company of Facebook, WhatsApp, and Instagram. Meta was dragged by the FCCPC through the Consumer Protection Tribunal for unauthorised data sharing and discriminatory …

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Meta threatens to Cut off Facebook in Nigeria Over Huge Fines

PEOPLE in Nigeria may lose access to Facebook and Instagram after parent company Meta said it faced large fines and “unrealistic” regulatory demands from the Nigerian authorities. Last year, three Nigerian oversight agencies imposed fines on the US-based social media giant totalling more than $290m (£218m) for violating various laws …

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Meta to Replace Fact-checks With X-style Community Notes

META has announced it will abandon its fact-checking programme, starting in the United States. It was aimed at preventing the spread of online lies among more than 3 billion people who use Meta’s social media platforms, including Facebook, Instagram and Threads. In a video, the company’s chief, Mark Zuckerberg, said …

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Meta to Pay Texas $1.4bn for Biometric Data Breach

Meta Platforms, the owner of Facebook, has agreed to pay $1.4bn to settle a lawsuit filed by the state of Texas over the illegal use of facial-recognition technology to collect biometric data of millions of Texans without their consent. This landmark agreement, reported by Reuters on Tuesday, is the largest …

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Osun, Delta Fine Google, Meta $350m Each for Tax Evasion

THE tax authorities in Osun and Delta States have fined Google Nigeria and Meta Platforms, Inc.,150 million dollars and 200 million dollars respectively for alleged non-remittance of Withholding Tax. The fine is specifically for the Withholding Tax (WHT) allegedly deducted from content creators and entertainers in the two states from …

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Meta Deactivates 63,000 Accounts in ‘Yahoo Boys’ Crackdown

Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, has removed 63,000 accounts associated with the notorious “Yahoo Boys” scam group, the company announced in its Q1 2024 Adversarial Threat Report on Wednesday. The accounts, deleted over the past few weeks, were used for financial sextortion scams and …

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