The decision puts pressure on Washington to make modifications to monitoring procedures for Europe in order to permit Meta to keep the data spigot open.
Facebook owner Meta META experienced a decline of -0.49%, resulting in a red triangle pointing downward.
According to people close with the matter,
European Union privacy regulators issued a record-setting fine of $1.3 billion
to Platforms for transmitting user information to the United States.
The fine set a new standard for the bloc.