Meta, the parent company of Facebook, is warning that many of its services in the European Union could soon be shut down.
In its annual report recently filed with the Securities and Exchange Commission, the company said if the trajectory of EU policies on trans-Atlantic data transfers does not change, it might not be able to offer the Facebook and Instagram platforms in Europe.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.