Apr 27, 2023
Meta says about 10% of its global ad revenue at risk from EU data flows order
Meta’s earning call yesterday was upbeat on better than expected revenue for the quarter. However buried in its disclosures to investors is a stark warning on looming regulatory risk it’s facing in Europe — where a decision is expected in a matter of weeks (by May 12) that could see the tech giant ordered to suspend its transatlantic data flows. “We expect the Irish Data Protection Commission…
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