Facebook Loses Users In Europe

Facebook's user-base is declining in Europe, where privacy laws are stricter. Facebook's privacy chief supports introducing new privacy laws in the US. That raises the prospect of decline in the US, too. Facebook's user-base declined in Europe, the company reported on its Q3 2018 earnings call last night. It is the second quarter in a row in which Facebook has lost European users. The decline is significant because Facebook has more users in Europe than it does in the US.