The EU has imposed a record fine of 1.2 billion euros on Meta, Facebook's parent company, for violating the EU's General Data Protection Regulation (GDPR) by transferring user data to the US. Meta has been ordered to stop the data transfer and has six months to comply. The fine is a result of a complaint by Austrian data protection activist Max Schrems, who argued that US laws do not adequately protect the data of European citizens. The decision is a significant blow to Meta's business model, which relies heavily on targeted advertising.