Meta Threatens Europe Exit for Facebook, Instagram on Data Rules

Re:Meta Threatens Europe Exit for Facebook, Instagram on Dat... by BeefWellington on Monday February 07, 2022 @10:56AM (#30246519)

I'm curious as to how a shareholder views this in light of the hit the stock took earlier in the month when MAUs fell by a -- compared to the population of the EU -- tiny amount.

Being forced to process the data in the jurisdiction you're doing business in seems like a strange spot to make a stand.

[ Parent | on HN ]

Re:Meta Threatens Europe Exit for Facebook, Instagram on Dat... by dont__panic on Monday February 07, 2022 @12:11PM (#30247762)

Given how big a drop in price that tiny drop caused last week, maybe it's all a ploy.

1. Zuck drops facebook/insta/meta out of the EU

2. huge drop in MAU

3. larger/similar drop in share price (how much lower can it honestly go?)

4. then, any MAU drop will seem meaningless after the big EU MAU drop. FB avoids weeks/months/years of slow stock price deterioration at 5% or so (compounding) in exchange for a one-time 25% drop. Seems like a deal.

[ Parent | on HN ]