Meta Threatens to Pull Instagram and Facebook Out of Europe Over Data Sharing Ruling …

This site may earn affiliate commissions from the links on this page. Terms of use. The company formerly known as Facebook has filed a form with the SEC indicating it’s considering yanking Instagram and Facebook out of Europe due to a recent European Union court ruling that affects the way US companies can handle European users’ data. The ruling would prevent Meta, located in the United States, from accessing information about its European users from anywhere in the US. This would effectively prevent the company from doing any kind of customized ad targeting. According to Meta, if it can’t do ad targeting, it might as well just take its ball and go home.This whole kerfuffle began in 2011. A Facebook user in Austria named Maximillian Schrems asked for the data Facebook had collected on him, which took up an eye-popping 1,222 pages. As he was examining it he realized there were portions of data he had selected to keep private, and some he thought he had deleted. Since Facebook was and still is located in Ireland for tax purposes, he filed a complaint with the Irish data protection commissioner. In the case, Schrems effectively challenged the transfer of his data…
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