Meta Pledge To Use Less Personal Data For Ads Gets EU Nod, Avoids Daily Fines

An anonymous reader quotes a report from Reuters: Meta’s proposal to use less personal data for targeted advertising in its pay-or-consent model that will be rolled out next month won the approval of EU antitrust regulators on Monday, signaling the company will not face daily fines after all. […] The U.S. tech giant has been locked in discussions with the European Commission after getting hit with a $233 million fine in April for breaching the Digital Markets Act aimed at…