In its annual SEC report, Meta repeats its warning that it may be forced to shut down “significant” services in Europe if new EU data transfer rules are adopted (Michiel Willems/City A.M.)

Michiel Willems / City A.M.:
In its annual SEC report, Meta repeats its warning that it may be forced to shut down “significant” services in Europe if new EU data transfer rules are adopted  —  If Meta is not given the option to transfer, store and process data from its European users on US-based servers …