Tech industry under pressure
The EU has imposed a record fine of 1.2 billion euros on Facebook parent company Meta for forwarding user data to the United States
© AFP / LIONEL BONAVENTURE
© AFP / LIONEL BONAVENTURE
Demary, Vera; Richter, Marcus; Linß, Vera; Genzmer, Jenny · May 27, 2023 at 1:10 p.m
A record fine for Facebook parent company Meta, less growth on YouTube and Netflix – the industry is in transition, says Vera Demary from the German Economic Institute. Nevertheless, it continues to be innovative, most recently AI made giant leaps.
2023-05-27 14:48:08
1685240202
#Tech #companies #coming #increasing #pressure