Watch as Nicholas Thompson, editor-in-chief of WIRED, explains what's going on in technology news:

Would Facebook actually leave Europe? What's the deal?

The deal is that Europe has told Facebook it can no longer transfer data back and forth between the United States and Europe, because it's not secure from US Intelligence agencies. Facebook has said, "If we can't transfer data back and forth, we can't operate in Europe." My instinct, this will get resolved. There's too much at stake for both sides and there are all kinds of possible compromises.