EU officials see no problem with Meta shutting down Facebook and Instagram

Meta submitted a report, which warned it may shut down its Facebook and Instagram services in Europe due to new regulations approved by the European Commission. The new EU laws force all companies to process user data on local servers located within Europe while Meta sends user data from Europe to its US servers. Robert Habeck(German Economy Minister) and Bruno Le Maire (French Finance Minister) Today, two EU officials - Robert Habeck (German Economy Minister) and Bruno Le Maire (French Finance Minister) commented on Meta’s annual report and the possibility of Facebook and Instagram...