Facebook Says It May Withdraw Services in Europe Without Data Transfer Rules

Facebook parent company Meta has warned that it may have to withdraw products and services, including Facebook and Instagram, from Europe if it's prevented from transferring data from the EU to the U.S. due to the lack of an international agreement. The warning, issued in its annual report, was followed up by a statement from a Meta spokesperson that called for the two powers to establish "clear, global rules to protect transatlantic data flows over the long term."

  • Read the article: CNET