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Post by juthi52943 on Dec 23, 2023 23:01:27 GMT -7
Products and services, including Facebook and Instagram, in Europe, which would materially and adversely affect our business, financial condition and results of operations ." This is the phrase that led to the fear of stopping some products in Europe due to the new privacy rules. According to the US company, which recently changed its name to Meta, the ability to process user data is necessary for its business. European regulatory laws introduced to protect user privacy have partly compromised this profiling possibility, which is the basis of the company's business model. Although all this could destabilize their interests, the Job Function Email List possibility of closing Facebook and Instagram in our country. The motivation is simple: Europe makes up 15% of its users, so would it be worth abandoning a market of around 500 million users. Absolutely not The official denial then came from an article published on their website «Meta Is Absolutely Not Threatening to Leave Europe ». What is certain, however, is that Facebook, for the first time in 18 years, has achieved a decrease in active users of 1 million. It seems that the preferences of the new generations are starting to make themselves felt, moving to Instagram or TikTok. Be careful though! This does not mean that all companies now have to migrate to these other channels, in particular it is necessary to evaluate whether following the current trend is profitable for your business.
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