The social media giant Meta Platforms (NASDAQ:META) has been slapped with fines for the third time by Ireland's Data Protection Commissioner (DPC). This time it is a record fine of 405 million euros ($402 million) against the photo-sharing app Instagram for mishandling child users' data between the ages of 13 and 17. Meta Struck Thrice with Fines In March of this year, Meta was fined €17 million for its subsidiary Facebook's failure to prevent a dozen data breaches in 2018. Last year, Meta-owned WhatsApp was slapped with a record €225 million fine for not conforming to the European Union’s data rules in 2018.
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