Is Facebook leaving the EU? Don't set an away status just yet
As per Vice, a court filing made by Ireland's Data Protection Commission could upend the company's existence in Europe due to new regulations impacting how data is transferred.
Vice reported that Facebook had fired a countersuit challenging the Irish DPC's restriction, and claiming that the commission was unfair in doing so.
This decision from the social media platform refers to is a preceding order to halt the transferring of data about European users to the United States.
She also added that the social media platform is the only big tech company who uses similar methods to transport data from the United States to Europe.
generates advertising revenues in the European in the order of multiple billions of Euro.
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