Meta threatens to pull Facebook and Instagram from the European market - what does this mean for the music industry?
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This will interest artists and labels active in Europe. Facebook parent company Meta Platforms is considering leaving Europe if the group is no longer allowed t

So let me get this straight. Meta, after already losing $200 billion of its market value, is now threatening to harikiri itself by axing their second biggest market, which according to the article, is worth $21 billion?

That is some business strategy right there.

stop. don’t. come back.

Arthur Besse
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41Y

too bad it’s an empty threat

Difficult task with 80% of users using WhatsApp, Instagram and/or FB, as well as the same number of pages of all kinds that use links for comments to FB, Twitter, Reddit, etc. The only way to make these companies stop being a problem is to stop being a business for them, that is, not to fight against them, but to fight against the way they do their business, trafficking in user data. .

Make legislators aware of also applying a basic right on the Internet that is guaranteed in the constitution, where i real life it is also prohibited for private companies to spy on and follow people to sell activities to third parties, read their mail or spread their photos without their consent.

Without this, neither FB nor others of this type would be a problem. A lot of awareness work and support for groups active in this area.

Europe will be hella lucky. Please do it for India too, for all Big Tech apps.

Vegafjord eo
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51Y

Do it!

I guess they think people care.

Helix 🧬
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31Y

Oh no! Anyway…

Promises. Promises.

Geotechland
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21Y

Haha they really shoould

☆ Yσɠƚԋσʂ ☆
banned
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81Y

Don’t threaten me with good time like that.

haha one can only hope

I don’t think it is a threat. Facebook just rather cut Europe off than to give judicial advantages that could work elsewhere in the world. If the Terms of Service are more pro-user in Europe, everyone else in the world would want that too.

Facebook just doesn’t have the market value to threaten anybody. It’s just software, and there are alternatives out there. Europe could just migrate to vk, minds or diaspora.

If Matrix for healthcare in Germany is anything to go by, a Fediverse migration could be amazing.

Helix 🧬
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1
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1Y

Or Europe could wake up and migrate to the fediverse instead of closed shit like VK or Minds.

Great ! …unless it’s the average Facebook user that is coming over here.

Helix 🧬
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11Y

they can go to their own average facebook user federated instance with which we elitists don’t federate, then.

… or migrate to lemmy ?
Now, that’s a threat ! /😆

Don’t threaten me with a good time.

mekhos
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51Y

Loosing billions is hard for sure; realising your threat to piss-off is not a threat … Ooof

sickos?

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