Meta Fined €390m for Privacy Law Breaches in the EU

An example of S factors (product responsibility and customer privacy rights) in action in Tech companies.

European Union regulators on Wednesday hit Facebook parent Meta with hundreds of millions in fines for privacy violations and banned the company from forcing users in the 27-nation bloc to agree to personalised ads based on their online activity.
When GDPR came into force, the company changed the legal basis under which it processes user data by adding a clause to the terms of service for advertisements, effectively forcing users to agree that their data could be used. That violates EU privacy rules.

Source: https://www.euronews.com/2023/01/04/meta-fined-390m-for-privacy-law-breaches-in-the-eu