Meta’s Schizo Relationship with Europe

Last week I pulled the stat that 24% of the more than 3,000 jobs listed on Meta’s website are for AR/VR roles (the NYT). Meta also said it’s planning to create 10,000 jobs in the EU related to the metaverse. 

This week the European bromance is in a spat. Meta has threatened to pull Instagram and Facebook out of the European market if they’re not allowed to exchange data on European servers with the US. Redditors are having a field day. The short story is that Meta is trying to skirt tough European privacy laws by sending its data back to the US where we play much looser.