Meta's threat to leave Europe hints at waning big tech influence
zdnet.com
zdnet.com
Please correct me if I'm wrong, but wasn't one reason this thing is such a headache that, right now, there is no way for US companies to do this?
Because US companies are subject to the CLOUD act, they can be ordered to hand over user data to US agencies, whenever this data is under the company's control. It's irrelevant if the data center is located in Europe, the US or anywhere else, as long as the US company has control over it.
If Facebook could solve this issue by simply doing their behaviour targeting inside EU datacenters, I doubt they would write this down even as a risk, let alone as strange veiled threats.
That was just my understanding of the whole issue, which might be wrong though.
Good question. My understanding was that they are - hence the recent headlines about GA being illegal.
If for example Microsoft would have said the same thing the reaction would have been very different.
This is the morals of the capitalist system: if you're already rich or powerful, you can do pretty much anything to the rest of us.
[0]: http://www.perseus.tufts.edu/hopper/text?doc=Perseus:text:20...
I don't understand why this misinformation is spreading so much. They have clearly stated that they are not leaving or threatening to leave. Don't buy into click bait articles.
Don't get me wrong, I don't care for FB's product, but the constant coverage is a bit pathetic.
FB are required to disclose all sorts of low probability risks to investors.
No one wants to live in a museum.
Meanwhile there's no sign that any tech giant will ever be more than a short blip in our history. Not sure why we should sacrifice our privacy so a shameless parasite lives a few years longer.
Foreign companies are:
1) Taking away valuable citizens data
2) Taking away ad money
3) Not paying taxes
If anything it's an economic suicide to support the status quo.
Facebook leaving is a huge threat. I think you are underestimating how big a role it (or its other services) play in people's lives. If FB/Messanger/Instagram/Whatsapp disappear today in some European countries and the government's explanation was "we didn't manage to make an deal" I don't think that government would last for much longer.
It is also correct. Every European company using FB/IG are acting illegally. It is only illegal if you get caught. So, just like speeding or overloading your truck using FB gives you an advantage until you are caught.
The world would be fine without Facebook, other people will step in to fill the void.