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Post Info TOPIC: Meta denies threats to leave Europe


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Meta denies threats to leave Europe
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Meta "definitely has no desire to withdraw from Europe," the company issued a statement in a blog post released on Tuesday after some media outlets published reports claiming "threats" to pull Facebook and Instagram off the continent amid growing tensions. It is uncertain whether the US and EU will agree to replace the abandoned transatlantic privacy agreement.

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Meta "threats" arise in the form of company disclosures in the latest earnings reports. The document released last week said the company "is unlikely to be able to offer a number of our most important products and services, including Facebook and Instagram, in Europe" if the United States and the European Union fail to ratify the deal. New data transfers and The company cannot rely on other existing mechanisms, Meta has issued similar warnings in the past. But do it without naming Facebook and Instagram specifically.

At the center of Meta's fears over its future in Europe are the Safe Harbor and Privacy Shield agreements, both of which were voted on by the European Court of Justice a few years ago over fears of what would happen to EU citizens' data. when on a server in the United States As pointed out by the company It's not the only business that faces uncertainty over whether officials can agree to take a replacement. The report said at least 70 other companies had expressed similar concerns.

 

 



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