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How will LinkedIn's stock respond to GDPR fine by April 2025?
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LinkedIn Fined €310 Million ($356M) by Irish Regulator for GDPR Violations
Oct 24, 2024, 10:29 AM
The Irish Data Protection Commission has fined LinkedIn €310 million ($356 million) for violating GDPR regulations. The fine follows an investigation into LinkedIn's processing of personal data for behavioral analysis and targeted advertising. This investigation was initiated after a complaint in 2018. LinkedIn, owned by Microsoft, faced scrutiny for unlawfully using user data within the EU, leading to the significant penalty. The fine highlights the EU's stringent stance on data privacy and the enforcement of its GDPR violations.
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