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The Financial Times - Meta hand record 1.2 bn euros European fine over transatlantic data transfers

Summary of the front page

The Financial Times leads with the record fine for Facebook owner Meta. 

Meta was handed a €1.2bn (£1.0bn) fine by the European Union over alleged violations of rules requiring safeguards for transfers of personal data to the United States. The paper says the company has been given five months to suspend such transfers, though adds that it is expected to appeal against the decision.

The front page also reports on the latest from the Russian invasion of Ukraine. 

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