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A7 to unveil a service that will re-invent the international payments market
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Brazilian judge allows Flavio Bolsonaro to visit jailed father
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'Status quo' with EU 'not good enough', UK PM says as summit date set
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France braces for fresh student demonstrations as Macron calls for 'respect'
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Stolen Renoir paintings found behind wall in France
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Zelensky doubtful on Russian acceptance of Trump's 'energy ceasefire'
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French supermarkets suffer refrigerator shutdown after 'unprecedented' cyberattack
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Federal agents search home of Trump critic Ilhan Omar: government
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Arsenal lose Hincapie and Zubimendi in freak double blow
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Pakistan detains hundreds from ex-PM Khan's party as protests falter
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Saudi says resilience tested, vows response after deadly airport attacks
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Australia's Smith off field after being struck on helmet
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Alcaraz exits Shanghai Masters in straight-sets loss
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UK retains early access to test latest US AI models
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Pope to enter hospital on Tuesday for lung operation
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Top NATO commander warns Russia any attack would be 'futile'
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Renshaw shines again before Australia declaration
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Stolen Renoir paintings found behind wall in France: prosecutor
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Atletico's Simeone encourages goalless Alvarez improvement
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UNHCR sounds alarm on funding crisis
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FXGLOBE Rebuilds Its Copy Trading and PAMM Business With B2BROKER's B2COPY
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French supermarket chains say cyberattack forced refrigerator shutdown
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Nepal rescuers search for missing after flash flood
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Minister's resignation rocks German coalition
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Oil rises as Trump comments roil energy markets
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Hurricane Simon lashes Mexico's Pacific coast, threatens landfall
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Premier League in limbo as Manchester City soar
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France schools protest rumbles on as Macron urges 'respect'
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Zelensky vows to respond as Moscow silent on 'energy ceasefire'
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Americans Hall and Woodford win economics Nobel for stabilisation models
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Thousands march in India's capital to demand election chief resign
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MEXC Brings AI, TradFi and the Future of Trading to Life at TOKEN2049 Singapore
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African players in Europe: Mbeumo ends goal drought as United draw
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Italian rice farmer beats heat with biodiversity haven
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France's high school students plan fresh protests
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Stocks mixed as oil prices slip after Trump hails 'energy ceasefire'
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NZ bank in free speech row over 'explicit' sheep memes
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Opposition, journalists allege police abuses during India protests
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China Open champ Zheng withdraws from Wuhan citing fatigue
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DATA Network joins Sui and Walrus to scale the supply chain for AI training data
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Brewers edge Dodgers 2-1 in National League Championship Series opener
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Melbourne man linked to suspected flydubai hijacker condemns 'false accusations'
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Pope to have surgery to remove lung nodule
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North Korea fires 'several ballistic missiles' into Sea of Japan
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Stocks rise as oil prices tumble after Trump hails 'energy ceasefire'
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El Nino sets temperature record in key Pacific zone: EU monitor
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Man City charges cloud hangs over Premier League season
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Nature does not respect borders: UN biodiversity chief
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Top NATO commander set to issue warning to Russia over any attack
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World leaders urged to 'course correct' as UN nature goals fall short
Meta to ask EU users' consent to share data for targeted ads
Social media giant Meta on Tuesday said it intends to ask EU-based users to give their consent before allowing targeted advertising on its networks including Facebook, bowing to pressure from European regulators.
It said the changes were to address "evolving and emerging regulatory requirements" amid a bruising tussle with the Irish Data Protection Commission which oversees EU data rules in Ireland, out of which Meta runs its European operations.
European regulators in January had dismissed the previous legal basis -- "legitimate interest" -- Meta had used to justify gathering users' personal data for targeted advertising.
Currently, users joining Facebook and Instagram by default have that permission turned on, feeding their data to Meta so it can generate billions of dollars from such ads.
"Today, we are announcing our intention to change the legal basis that we use to process certain data for behavioural advertising for people in the EU, EEA (European Economic Area) and Switzerland from 'Legitimate Interests' to 'Consent'," Meta said in a blog post.
Meta added it will share more information in the months ahead as it continues to "constructively engage" with regulators.
"There is no immediate impact to our services in the region. Once this change is in place, advertisers will still be able to run personalised advertising campaigns to reach potential customers and grow their businesses," it said.
Meta and other US Big Tech companies have been hit by massive fines over their business practices in the EU in recent years and have been impacted by the need to comply with the bloc's strict data privacy regulations.
Further effects are expected from the EU's landmark Digital Markets Act, which bans anti-competitive behaviour by the so-called "gatekeepers" of the internet.
A.Gasser--BTB