Meta threatens to pull Facebook and Instagram from the European market - what does this mean for the music industry?
web.archive.org
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
    • mekhos
      13·
      3 years ago

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

  • obbeel
    17·
    3 years ago

    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.

    • a_Ha
      8·
      3 years ago

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

    • Helix 🧬@feddit.de
      7·
      3 years ago

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

      • a_Ha
        1·
        3 years ago

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

        • Helix 🧬@feddit.de
          1·
          3 years ago

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

      • mekhos
        11·
        3 years ago

        Dont take it personally :) I think its more often used in an “unpopular opinion” case

  • X51
    10·
    3 years ago

    I guess they think people care.

  • onlooker
    2·
    3 years ago

    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.