Ofcom says it did not fine Meta £450,000, and the figure traces back to 4chan

Ofcom clarified that it did not fine Meta £450,000, attributing the widely circulated figure to a 4chan post rather than an official penalty. The confusion arose amid a High Court case over how the UK regulator calculates its fees, a dispute that could reshape the financial liabilities facing global tech firms operating in Britain. The £450,000 sum was not a fine but appears to have been mistaken for one as coverage of the fee-calculation dispute spread. The case centers on Ofcom's funding levy methodology rather than any enforcement action against Meta. What to watch next is the High Court's ruling on the fee calculation, which could set a precedent for how much large platforms owe the regulator.