Washington: The parent company of Facebook Meta said Monday, he has no project to draw its services from Europe, after raising the possibility of an ongoing row on the transfer of European data to the United States.
The data is at the heart of the advertising activity that generates almost all billions of dollars from the company in turnover and executives who have supervised the transfer of information from the continent are now in Limbo.
“We have absolutely no desire and no project to withdraw from Europe, but the simple reality is that Meta, and many other companies, organizations and services, depend on data transfers between the EU and the United States In order to exploit global services “, Farm stated in a statement.
The crucial “protection of privacy” online data arrangement between Europe and the United States has been invalidated in July 2020 in a decision such that the judicial decision of the European Union has laid a great transatlantic technology to legal uncertainty.
Meta also noted in a deposit on Thursday to the regulators of the US market as the basics used for the transfer of data are also at risk and regulatory.
“If a new transatlantic transatlantic data transfer framework is not adopted … We will probably not be able to offer a number of our most important products and services, including Facebook and Instagram, in Europe,” wrote Meta A written in his titles and his commission of exchange.
The European authorities and the US government are still talking about ways to solve the problem.
The social media giant has recently seen its greatest value of market value, after disappointing quarterly results that have raised questions about its future.
Its Facebook signature platform has seen a small dip in world daily users at the end of 2021, the first decline of this type for a relentlessly focused platform on growth.
The company’s concern with the addition of users was at the heart of the Whistleblower scandal last year, in which the disclosure of internal documents underlies the press reports that the company hierarchised growth on security .