I'm trying not to be snarky but I need to say wtf.
FB & google don't make money from IP, they make money as service providers, connecting merchants on the advertisement hype train to our eyeballs.
They take money from local and transnational businesses, and present ads, aggregation and search services to individual, local, users.
How is this California related profits when I see ads for $smallbusiness in my french town? Because they host the servers there? Please. To be fair I'd concede Amazon may be different with regards to where the value they create resides but I'm sure you'll feel the same way I do when the tech giants step away from Silicon valley and it looses the sweet sweet techmonies.
This not about IP rights, corporate liberties or socialism, it's about realising when you're defending the fire that's roasting you. 'Cause google and fb don't give a F about US vs EU further than how they can leverage them to lower operating costs.