Whispers Wire

Spanish Tribunal Fines Meta Ksh71 Billion Over Media Compensation Dispute

A Spanish court has ordered Facebook owner Meta (META.O), to pay Ksh 71 billion in digital case.

According to the court, the compensation is to be paid out to 87 digital press publishers and news agencies linked to Meta’s use of personal data for behavioural advertising on Facebook and Instagram.

According to reports, Meta had obtained a “significant competitive advantage” in Spain’s online advertising market by unlawfully processing user data.

However, Meta disapproved the ruling and promised to file for an appeal.

“This is a baseless claim that lacks any evidence of alleged harm and wilfully ignores how the online advertising industry works,” Meta said to Reuters in a statement.

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