Meta has threatened to shut down Facebook and Instagram in Europe if it can't keep transferring user data back to the U.S.
Regulators in Europe are currently drawing up new legislation that will dictate how EU citizens' user data gets transferred across the Atlantic.
Facebook said: "If a new transatlantic data transfer framework is not adopted and we are unable to continue to rely on SCCs or rely upon other alternative means of data transfers from Europe to the United States, we will likely be unable to offer a number of our most significant products and services, including Facebook and Instagram, in Europe."
If SCCs can't be used as the legal basis for transferring data, Facebook would have to silo off the majority of the data it collects on European users. The DPC could fine Facebook up to 4% of its annual revenue, or $2.8 billion if it failed to comply.the data transfer standard between the EU and the U.S. doesn't adequately protect European citizens' privacy.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Meta CFO cries 'wolf' again with bleak Facebook outlook -- but he may be right this timeMeta Platforms Inc. shares plunged more than 22% in Wednesday's extended session after another warning from CFO David Wehner. This time, however, the CFO's...
Les mer »
Meta Had to Create Avatar ‘Bubbles’ to Stop Virtual GropingAvatars will now be kept four feet from each other within the virtual spaces Horizon Worlds and Horizon Venues.
Les mer »
Meta-Marriage: Decentraland hosts first Metaverse wedding14 years after marrying in the real world, this couple from Phoenix tied the knot in the first wedding in the Metaverse. However, a few technical hitches meant that the event didn’t quite go to plan…
Les mer »
Your privacy is costing Meta moneyMeta's stock has plunged, and one of its most prized apps, Facebook, lost daily average users in the third quarter of 2021.
Les mer »
Just Got a Meta Quest 2? These Are Our Favorite GamesWhile puzzle games seem to make the best use of the Quest 2’s controls and haptics, there are many more games across genres that are worth trying out—trust us.
Les mer »
Kylie Jenner announces birth of 2nd childThe Jenner-Kardashian family just got a little bit bigger.
Les mer »