Meta fined record $1 3 billion in E U over U S data transfers
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Meta, Google face data doomsday as key EU decision looms
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According to privacy experts, the impending ruling could eliminate one of Meta's only remaining choices, as well as those of hundreds of other organizations that rely on transferring massive volumes of commercial data over the Atlantic. The strong warning from Meta Platforms Inc. of a withdrawal from Europe may be only the beginning, as one of the region's major privacy watchdogs prepares a ruling that could stymie transatlantic data flows and cost tech titans billions of dollars in income. The Irish data protection authority, which polices the Silicon Valley tech behemoths that have flocked to the country, will soon rule