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Tech billionaire Elon Musk threw shade at rival Mark Zuckerberg after Meta Platforms Inc. (NASDAQ:META) was slapped with a $37.2 million fine by Turkey's competition board.
What Happened: Musk agreed with a post on X, formerly Twitter, that "Meta can't be trusted" after it was fined by Turkey over its data sharing practices.
Musk had a one-word response: "Yeah."
Turkey's competition authorities concluded two separate investigations into Meta over its data-sharing practices between its different services. The first investigation involved Facebook, Instagram, and WhatsApp.
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The second investigation was about data sharing between Instagram and Threads, the Twitter-like social media platform launched in 2023.
The outcome of this is that users will be able to merge their personal data between Facebook, Instagram, and WhatsApp via express consent. They will also be able to manage their data using an "Accounts Center" feature.
Why It Matters: It's not the first time Musk has slammed Meta over data privacy concerns – in April, he mocked the company after a widespread outage affected Facebook, Instagram, and WhatsApp.
"Hard to keep the servers running when they're so distracted selling their user's data."
He also alleged that the company had "falsely" claimed credit for sales that originated from X, after advertisers filed a $7 billion lawsuit against Meta for inflating advertisement viewership metrics.
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Photos courtesy: Shutterstock
Posted In: META
