Mark Zuckerberg and team consider shutting down Facebook and Instagram in Europe if Meta can not process Europeans’ data on US servers

cityam.com/mark-zuckerberg-and

2022 is really starting to look up!

@aral wait holdup, I must put in asterisks since there’s no sources actually backing up the information

the article claims it was all “according to various media reports, including in iTWire, The Guardian newspaper and Side Line Magazine.“

but

iTWire has this to say, but I never heard of it before and there’s no link to the SEC document https://itwire.com/listed-tech/meta-threatens-to-pull-facebook-and-instagram-from-europe-if-it-can-t-target-ads.html

nothing on The Guardian from what I can tell https://www.theguardian.com/technology/facebook https://www.theguardian.com/technology/meta

“Side Line Magazine” I also never heard of, doesn’t seem tech-oriented, and it’s more of a self-interview than anything else https://www.side-line.com/meta-threatens-to-pull-facebook-and-instagram-from-the-european-market-what-does-this-mean-for-the-music-industry/

@aral ah, found it nevermind https://www.sec.gov/ix?doc=/Archives/edgar/data/1326801/000132680122000018/fb-20211231.htm

“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“

why can’t people just, link to the source though?

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@xerz Thanks for looking it up :)

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