Funny how only Facebook is making these statements? I am sure that a multitude of other services (Dropbox, Twitter, etc) also require data transfer between Europe and the US. /s
Oh yeah, because they need the data to make money.
Oh yeah, because they need the data to make money.
They (Meta) would need to process data in the EU, or lobby the US congress to pass serious data protection laws. When push comes to shove, the first one is possible (though expensive), the second is a pipe dream.