Meta Warns That Facebook and Instagram Could Get Shut Down in Europe Due to Data-Sharing Disagreements

Tsing

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Meta, the company behind Facebook and Instagram, has warned in its latest annual report that it could be forced to pull the plug on these popular social media services in Europe over the lack of a current international data transfer agreement. These agreements allow U.S.-based tech giants such as Meta to transfer, store, and process data from Europe on stateside servers, but the previous one was rendered invalid in 2020 by a European court that didn’t think it was strong enough to protect its citizens. Europeans are afraid of their data being snooped on by U.S. agencies.



Annual Report, Government Regulation (Meta)



If a new transatlantic data transfer framework is not adopted and we are unable to continue to rely on SCCs or rely upon other...

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I think the warning should be the opposite.
Warning: we may finish data sharing agreements, assuring continued access to Meta products.
 
I think the warning should be the opposite.
Warning: we may finish data sharing agreements, assuring continued access to Meta products.
Exactly, I'm more worried if they get permission to take EU citizens data and store and use it in the US, or worse.
 
Why is everyone so glad they could shut down Facebook and Instagram?
 
Why is everyone so glad they could shut down Facebook and Instagram?
Because this isn’t a government seeking to actively shut down anything.

This is Facebook complaining that they don’t want to comply with privacy laws and threatening to pull the plug if they don’t get their way.
 
Meta HAS the resources to have data stored in the EU rather easily for them. They don't want to incur the cost or decouple their data.

What makes the META data so valuable is that it is META in the first place. All sorts of linked data points. That they can't store in one place with this law.

So that means they would need separate algorithms to target your data and advertising and would decouple so much data... SO MUCH. That they simply can't do it without devaluing the rest of their data due to how it is all tied together.
 
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