Facebook may shut down in Europe if they can’t process Europeans’ data

Facebook may shut down in Europe if they can’t process Europeans’ data

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Technology

February 07

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If Meta is not allowed to transport, store, and process data
 from its European users on US-based servers
, Facebook and Instagram may be shut down throughout Europe, according to the social media giants' owner
, who warned in its annual report
.
The most important concern for Meta is transatlantic
 data transfers, which are governed by the so-called Privacy Shield and other model agreements
 that Meta employs or has utilized to keep data from European customers on American servers. The present data transfer agreements are now being scrutinized
 in the EU.

Meta is currently facing issues on all fronts
, including a huge loss of users and profits very recently. We will see how the events unfold
, which is particularly of certain importance
 to us seeing as Facebook is the major social media network of Vietnam.    
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Từ vựngVOCAB 1/10
 transport, store, and process data  
vận chuyển, lưu trữ và xử lý dữ liệu
US-based servers 
máy chủ đặt tại Hoa Kỳ
 the social media giants' owner 
chủ sở hữu của gã khổng lồ truyền thông xã hội
annual report 
báo cáo hàng năm
transatlantic  
xuyên Đại Tây Dương
model agreements  
 thỏa thuận mẫu 
scrutinized  
xem xét kỹ lưỡng
facing issues on all fronts 
đối mặt với các vấn đề trên tất cả các mặt
see how the events unfold 
xem các sự kiện diễn ra như thế nào
 of certain importance 
có tầm quan trọng nhất định
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Quiz﻿
Facebook belongs to
What is one of the model agreements that Meta employs for keeping data from Europeans?
The issues Meta is facing include