The Meta Inc. has now once again given threatening warning for pulling back Facebook and Instagram from the continent of Europe if the company has been unable to keep transferring the data of the users back to the United States amid all the negotiations between the regulators of European Union for replacing a pact of privacy.
For months, the regulators of the European Union have been stuck in the negotiations with the United States for the purpose of replacing a transatlantic transfer of data pact on which thousands of the companies are relying but which has got struck down by the European Union Court of Justice in the year 2020 because of the fears that the data of the users is not safe once it has been shipped to the United States.
In the annual report, the company ‘Meta’ said that, if the company could not rely in the existing or new agreements like the standard contractual clauses for shifting the data then it is likely going to be unable for offering a number of the company’s most significant services and products including Instagram and Facebook across Europe.
A spokesperson of Meta said that, they absolutely have no plans and desires for removing the services and products from the continent of Europe but the reality is that, the company along with several other organizations, businesses and services are relying on the data transfers between the United States and the European Union in order for operating the businesses across the globe.
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