If a new European law restricting what companies can do with
people’s online data went into effect tomorrow, almost 1.9 billion
Facebook Inc users around the world would be protected by it. The
online social network is making changes that ensure the number
will be much smaller.
Facebook members outside the United States and Canada, whether
they know it or not, are currently governed by terms of service
agreed with the company’s international headquarters in Ireland.
Next month, Facebook is planning to make that the case for only
European users, meaning 1.5 billion members in Africa, Asia,
Australia and Latin America will not fall under the European
Union’s General Data Protection Regulation (GDPR), which takes
effect on May 25.
This sounds like bullshit to me, if they plan to continue funneling the revenue they generate from those users through their Irish subsidiary.