Mark Zuckerberg threatens to shut down Facebook and Instagram in Europe
Written by maxfmeditor1 on February 8, 2022
During the segment titled Entertainment Street on the Max Breakfast show, the hosts reacts to reports of Meta shutting down Instagram and Facebook in Europe if the company isn’t allowed to process data from its European users on its U.S.-based servers, a change that is currently under regulators’ scrutiny.
During its annual report, Meta’s CEO Mark Zuckerberg warned that if the new framework that was being developed no longer allowed the company to use the current model agreements or a similar alternative, it would “probably” no longer be able to provide its products and services to the region.
Meta quietly issued out a warning stating that it could shut down the services if Europe does not let it perform “transatlantic data transfers”.
This means transferring people’s private data from secure servers in Europe, where they are heavily regulated, to the US.
Meta said that the company will “probably” have to stop offering its “most significant products and services” if a new framework is not adopted in an annual report to a US government agency,