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Can someone weigh in on why FB is making such a stink about this? Why not just manage European data in Europe data centers?

• matthewdgreen 5y ago
  Facebook recently lost 10% of their market cap because Apple put up some simple anti-tracking features. It’s very obvious that Facebook’s business is very sensitive to minor privacy improvements and restrictions on what Facebook can do with data. Presumably Facebook knows a lot more about how much its revenue depends on what it does with user data server-side than anyone else does, and is therefore in a good position to predict how much upcoming regulatory actions could affect its business.
• hk__2 5y ago
  > Can someone weigh in on why FB is making such a stink about this? There’s no such stink. In a SEC filling, Meta said that if they had too much trouble with EU data laws, the worst-case scenario would be that they would leave Europe. That’s all. That’s "if these things go to far, we might have to maybe do this if really we can't do anything else". Some medias changed this into "Meta is threatening to leave Europe", and here we are.