<span style="color: #222222;">Ireland's Data Protection Commission on Monday said it has fined image-sharing social media platform Instagram a record 402 million dollars for breaching regulations on the handling of children's data.<br />''<br />'' The DPC said in a statement said, the full details of the decision will be published next week. The DPC launched an investigation in late 2020 into concerns about how the platform handles children's personal data. <br />''<br />''The probe centred on the appropriateness of Instagram profile and account settings for children, and the firm's responsibility to protect the data protection rights of children as vulnerable persons.<br />''<br />''It was conducted under the General Data Protection Regulation (GDPR) — the EU charter of data rights which came into effect in May 2018. The GDPR gives data regulators the power to impose stiff fines for breaches. As Instagram is owned by Meta, which has its European headquarters in Dublin, it falls to the DPC to enforce the regulations. </span><br />