France shot, Google was fined 150 million euros, Facebook was fined 60 million euros?

(For more international financial news, please pay attention to the WeChat public account in time: Wang Ye said finance)

Wang Ye said financial news: January 6 news, French regulators for Google and Facebook use of user information (known as cookies), that is, used to track user data online, and fined 210 million euros.

France's National Commission for Information Technology and Freedom (CNIL) imposed a record fine of 150 million euros on Google, surpassing the previous €100 million user profile-related fine imposed on the company in December 2020. Facebook was fined 60 million euros.

The committee said authorities had determined that facebook.com, google.fr and youtube.com websites did not allow users to refuse to use "cookies" and that "it was as simple as accepting them".

It also said Google and Facebook had three months to adjust their practices, after which France would impose a fine of 100,000 euros a day.

Google told AFP it would change its approach after the ruling.

"Cookies" are small packets of data set on a user's computer when they visit a website, allowing a web browser to save information about their session. For Google and Facebook, they are very valuable and are the main source of revenue for these platforms in the way of personalizing advertising.

What do you think about that?

Note: This article is compiled by Wang Ye said Finance and Economics, if you need to reprint, please pay attention to the account in advance, private chat contact Wang Ye himself, after obtaining authorization, please reprint the original text, shall not be reproduced in any form of graphic and text transformation atlas, video and other forms, infringement will be investigated! In addition, the views in this article are personal views, which are only used for learning and exchange, and do not constitute investment advice! If there are any omissions and errors in the article, welcome to criticize and correct!

Thank you for reading, welcome to leave a comment, if you like our article, you can like, share or click "Watching" below.