The European Union’s top court today ruled against Meta Platforms Inc. in a case that focused on the way the company processes user data. The decision could also have implications for other players in the social media market.

The European Union's top court has sided with a privacy challenge to Meta's data retention policies. It ruled on Friday that social networks, such as

Social media platforms such as Meta's Facebook must limit the use of personal data including someone's sexual orientation for targeted advertising, the European Union's top court ruled Friday.The regulation "precludes" all data obtained by a social network operator "from being aggregated,