Instagram fined $400m over user data

Instagram was fined more than 405 million Euros, which amounts to about $400 million, for failing to protect kids’ data. The penalty was issued by Ireland’s data privacy regulator. The watchdog agency said the social media giant allowed children aged 13-17 to operate business accounts, leading to the release of their personal information, including phone numbers and email addresses. Instagram’s parent company, Meta, has said it would appeal the ruling.