ICYMI: Facebook owner Meta Platforms was hit with a record $1.3 billion fine by the EU’s lead privacy regulator for privacy violations and given the company five months to stop transferring users' data to the US $META
The battle over where Meta's Facebook stores its data began a decade ago after Austrian privacy campaigner Max Schrems brought a legal challenge over the risk of U.S. snooping in light of disclosures by former U.S. National Security Agency contractor Edward Snowden.
That would mean its previous warning that a stoppage could force it to suspend Facebook services in Europe would not come to pass. 3D printed Meta and Facebook logos are placed on a laptop keyboard in this illustration. REUTERS/Dado Ruvic "In my view, the new deal has maybe a 10% chance of not being killed by the CJEU . Unless U.S. surveillance laws gets fixed, Meta will likely have to keep EU data in the EU," he said in a statement.
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