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META Meta Platforms Inc

452.48
10.80 (2.45%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Meta Platforms Inc NASDAQ:META NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.80 2.45% 452.48 451.50 453.20 454.17 444.00 445.70 16,488,463 05:00:02

Facebook Loses Bid to Derail EU-US Data-Transfer Suspension

14/05/2021 4:19pm

Dow Jones News


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By Sam Schechner

 

Facebook Inc. lost a bid to block an EU privacy decision that could suspend its ability to send data about European users to computer servers on U.S. soil, opening a pathway toward a precedent-setting interruption of its data flows.

Ireland's High Court on Friday dismissed all of Facebook's procedural complaints over the Irish privacy regulator's preliminary decision on data transfers, rejecting Facebook's claims that the regulator had given it too little time to respond or issued a judgment prematurely.

The preliminary decision, which the court had stayed last September pending its decision, could if finalized force the social media company to suspend sending personal information about EU users to Facebook's servers in the U.S.

 

Write to Sam Schechner at sam.schechner@wsj.com

 

(END) Dow Jones Newswires

May 14, 2021 11:04 ET (15:04 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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