Tuesday, May 24, 2022
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Social Media

Meta Mulling To Pull Out Both Facebook And Instagram From Europe

Both platforms will shut down in the region if the company fails to comply with new EU regulations.

by Heirul Kamel
February 7, 2022
Meta Mulling Pull Out Facebook Instagram From Europe

Image: Thought Catalog (via Pexels)

118
SHARES
2.4k
VIEWS
Share on FacebookShare on Twitter

Meta is considering pulling out both Facebook and Instagram from Europe, should the Union remove its ability to share data gathered in the region to its US servers. The declaration was made in the company‘s recent annual report to US Securities and Exchange Commission, noting that it will shut down operations for both platforms if it fails to comply with the new European Union (EU) regulations.

For context, the Union passed a new law which requires tech companies to only store and process gathered data on local servers in the interest of data protection. In the social media giant’s case, Facebook and Instagram data are processed on both US and European servers. Meta argues that the cross-communication between its servers is crucial for ad targeting and businesses that operate on the platforms. 

It added that the new laws and regulations could lead to “unfavourable outcomes” that could potentially affect the development of new products. As such, this would then lead to “negative publicity and reputational harm”, which would force the company to modify or cease its existing business practices.

ADVERTISEMENT

Meta
(Image source: Meta via Twitter.)

“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, which would materially and adversely affect our business, financial condition, and results of operations,” Meta said in the report. 

The company said a decision to limit its ability to transfer data to the US could be suspended from the first half of 2022. Provided that Meta actually pulls through with this drastic move when the time comes, the entirety of Europe may no longer have access to two of the world’s widely used social media platforms later this year. This in turn will undoubtedly affect a large scale of individuals, businesses and brands in the region, especially those that heavily rely on the services offered by both Facebook and Instagram.

(Source: news.com.au / Meta [1] [2])

Tags: EUEuropeexitFacebookInstagramlawmeta
Updated 9:15 am, Tue, 8 February 22
Back to top
Share47Tweet30SendShare

ADVERTISEMENT

RELATED ARTICLES

Twitter To Hide False And Misleading Tweets During Crises
Social Media

Twitter To Hide False And Misleading Tweets During Crises

by John Law
May 20, 2022

Twitter is introducing a crisis misinformation policy, in an effort to prevent the further spread of false information during times...

Read more
Elon musk tesla spacex billionaire
Social Media

Elon Musk Responds To Twitter CEO Thread On Spam With Poop Emoji

by John Law
May 18, 2022

Twitter CEO Parag Agrawal went on Twitter to post a lengthy thread on bots and spam accounts on the platform,...

Read more
elon musk
Social Media

Elon Musk Gets A Telling Off By Twitter Legal Team For Breaking NDA

by John Law
May 15, 2022

Remember how just a couple of days ago, Elon Musk, the CEO of Tesla and soon-to-be owner of Twitter, put...

Read more
Twitter Dismisses Two Executives, Puts Freeze On Hiring
Social Media

Twitter Dismisses Two Executives, Puts Freeze On Hiring

by John Law
May 13, 2022

Twitter has fired two of its top executives within the social network and effectively put a halt on hiring any...

Read more
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    Travel

    Thai AirAsia X Files For Bankruptcy Protection

  2. 2
    Photography

    Huawei and Leica Partnership Is Officially Over

  3. 3
    News

    Government To Implement Targeted Fuel Subsidy

  4. 4
    Transportation

    MRT Putrajaya Line Phase 1 To Launch On 16 June

  5. 5
    Hardware

    Illegear Unveils Flow External Liquid Cooling System For Laptops: Available For RM599

Lowyat.NET

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.