![Irish regulator fines Instagram $400 million over chidren's data](https://i-invdn-com.investing.com/trkd-images/LYNXMPEI840IU_L.jpg)
© Reuters. FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of Instagram logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File Photo
DUBLIN (Reuters) – Ireland’s data privacy regulator has agreed to levy a record fine of 405 million euros ($402 million) against social network Instagram following an investigation into its handling of children’s data, a spokesman said.
“We adopted our final decision last Friday and it does contain a fine of 405 million euro,” said the spokesman for Ireland’s Data Protection Commissioner, which is the lead regulator of Instagram’s parent company Meta Platforms Inc.
($1 = 1.0082 euros)
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