Facebook and Instagram may be closed soon
Meta has clearly said that it will accept the new terms of 2022 but if the data transfer facility is not available then it will have to stop many of its services.
Facebook was renamed in October last year, after which the company is being known as Meta. Meta CEO Mark Zuckerberg has said that he wants the world to know his company as a metaverse, not just as Facebook, but the world doesn’t seem to like the company’s new name. Even after the new name, controversies are not leaving the company behind.
Facebook and Instagram may have to be closed,
Meta has said in a statement that it will have to stop its services if it is not allowed to share data of European users with other countries. Meta has said that due to non-share of data of users, its services are affected. On the basis of user data, the company shows advertisements to the users.
Meta has clearly said that it will accept the new terms of 2022, but if the data transfer facility is not available, then it will have to stop many of its services including Facebook, Instagram. Let us tell you that until now Meta was storing data for Europe users on America servers, but in the new terms, data sharing is prohibited.
Data server
issues Meta has told the Securities and Exchange Commission that it will have to shut down its services for users in Europe unless a new service framework is developed as soon as possible. According to EU law, users’ data should not reside in Europe, while META demands permission to share users’ data. Zuckerberg wants the data of users in Europe to also be stored on American servers.
Let us inform that earlier, European data was transferred to US servers under the Privacy Shield Act, but this law was abolished by the European Court in July 2020. In addition to Privacy Shield, Meta is also using Standard Contractual Clauses to store European users’ data on US servers, but this too is under investigation in several countries, including Europe.