These few lines have been translated into: every man for himself, Facebook malaysia phone number example and Instagram will close in the EU .
The reality is quite different. Simply Meta is experiencing a moment of extreme difficulty due to an increasingly broad protection by the EU regarding users' personal data. Furthermore, the update by Apple with iOS 14 had already contributed to the whole situation.

In any case, the danger of closure seems far from real. We could simply witness two scenarios: either Meta will adapt to EU standards, or the company will propose an ad hoc agreement as already happened in the USA some time ago.