Meta denies it threatened to leave Europe

Meta has "absolutely no desire to withdraw from Europe." The company issued the statement in a blog post it published on Tuesday after some media outlets published reports claiming it had "threatened" to pull Facebook and Instagram from the continent amid uncertainty over whether the US and European Union would agree to replace a scrapped transatlantic privacy agreement. The "threat" Meta made came in the form of a disclosure the company made in its latest earnings report . Published last week ,...