Huge win for Europe if this happens.

[proxygo]

the revenue and stock drop , not a chance he will.
+ theres always twitter and ebay, so no loss i say do
it mark, shut it all down . creepy guy

 

[Nihilism]

OH NO WHO WILL I SELL LIKES TO

 

[Safety Agency]

Everything has 2 sides and so is FB. I think things are slowly getting out of balance. FB is not what it used to be..

 

[Yrior]

https://www.google.com/amp/s/about.fb.com/news/2022/02/meta-is-absolutely-not-threatening-to-leave-europe/amp/

 

[deal with it]

why not process it on eu servers ?

 

[feler]

Let him take him to hell

 

[Yester]

This is a bluff from zuckerberg, it's obvious he wants to force the hand of EU but he will never leave the EU market, it's too profitable

 

[joseph15]

why not process it on eu servers ?

this is what i want to know as well

 

[nanavlad]

But his main business model is the DATA, not facebook or instagram or whatever. If he can't process all the data, he can't work and make money, so if he kept operating on the land where he can't gather data, he would technically be losing money probably. So withdrawing from there would be a good decision very likely.

He is allowed to colect the Data. The problem for him is that he want to ship it to the US. So if he chooses to break the EU protection rules. They cant sue him in the US.

Its a simple business decision. He can choose to drop out of the EU market. where I am pretty sure the void he leaves will be filled rapidly by many companies. Eventually one of them will come out on top.

With the sort of money available to them from Europe and the rest of the world wanting to follow the EU rules.

Does Meta. really want that sort of competition, expecially now that FB is on a downward slope.

 

[Royal96]

Do you really believe that he would do that? Sounds like a marketing move to me, maybe to get more traction to Meta outside of the digital world.

Personally, I don't really care if he shuts it down in Europe. I'm not a big fan boy of Mark Monopolyberg.

 

[Raku]

This is ridiculous.
It doesn't mean shutting down only facebook and instagram, it means shutting down so, so many businesses to say the least.

If a Business rely on FB advertising only ,than those entrepreneurs must have low IQ and deserve something like this.Also I can't imagine a Business (online 4 example) who get its traffic from a Single social platform.well ,just in case they are 15 y old BHW members who Re Spamming the shit out of FB with CPA links than its sad .
P.S. My opinion

 

[Billywuk]

That will never happen

 

[Nut-Nights]

Did he start doing drugs again?

 

[Crimemastergogo]

What AAA pleasant news!

 

[youveggie]

If a Business rely on FB advertising only ,than those entrepreneurs must have low IQ and deserve something like this.Also I can't imagine a Business (online 4 example) who get its traffic from a Single social platform.well ,just in case you are a 15 y old BHW member whos Spamming the shit out of FB with CPA links than its sad .

Why you even talk about advertising? Did i mentioned it?
Anyway, here in Europe Facebook, IG are main social media imo, closing them will get BIG brands loose their chance of communication with their customers, many brands use facebook and instagram to showcase their work and products.

 

[EAY]

Zucker won't let this happen.This man's head is working.

 

[rapidseedbox]

He is allowed to colect the Data. The problem for him is that he want to ship it to the US. So if he chooses to break the EU protection rules. They cant sue him in the US.

Its a simple business decision. He can choose to drop out of the EU market. where I am pretty sure the void he leaves will be filled rapidly by many companies. Eventually one of them will come out on top.

With the sort of money available to them from Europe and the rest of the world wanting to follow the EU rules.

Does Meta. really want that sort of competition, expecially now that FB is on a downward slope.

Thats pretty much the same thing as not being allowed to collect data because he knows he will most definitely break those EU policies

 

[Chris Newman]

One thing will always replace another and quite often in a better way. It may not even be a loss for Mark Zuckerberg : it may be a temporary loss only. He may soon invent something way beyond our imagination and any losses even in terms of loss of business valuation, etc would be reversed and who knows his businesses may even be valued 10 times more than it is now. People with deep pockets & a techie brain can easily swing things around.