Call the bluff: Meta cannot and will not unfriend Europe
Hindustan TimesMeta, formerly Facebook, has said that it may have to consider shutting down popular social networks Facebook and Instagram in European countries. Facebook's parent firm Meta said February 7, 2022 it has no plans to pull its services from Europe, after raising the possibility amid an ongoing row over transferring European data to the United States. “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,” said Meta in the annual report for 2021 filed with the United States Securities and Exchange Commission. The question of data transfer across continents Simply put, Meta’s issue is with the regulatory restrictions that don’t allow it to transfer data of EU citizens and Meta service users to servers located in the US. Meta’s point of contention is that it needs to also transfer its data to US based servers for its business operations and services such as online advertising.