rnercle@sh.itjust.works to Privacy@lemmy.ml · 3 年前Starting today Facebook must pay $100.000 to Norway each day for violating our right to privacy.tutanota.comexternal-linkmessage-square107linkfedilinkarrow-up11.01Karrow-down111file-text
arrow-up11Karrow-down1external-linkStarting today Facebook must pay $100.000 to Norway each day for violating our right to privacy.tutanota.comrnercle@sh.itjust.works to Privacy@lemmy.ml · 3 年前message-square107linkfedilinkfile-text
minus-squarecoffeekomrade@lemmy.mllinkfedilinkEnglisharrow-up3arrow-down1·3 年前As much as I hate Meta, this is just going to become a “cost of doing business”. They have $32B in yearly revenue, this would cost them $36.5mil a year, a small drop in the bucket to what they bring in.
minus-squareKidplayer_666@lemm.eelinkfedilinkarrow-up4·3 年前But how much money do they make in norway though? And it’s all a matter of consistently increasing that cost of doing business everywhere
minus-squareFaeDrifter@midwest.sociallinkfedilinkEnglisharrow-up3·3 年前Revenue is not profit, and Norway is really small. If the fine is more than the profit Meta makes from Norway, something will have to change.
As much as I hate Meta, this is just going to become a “cost of doing business”. They have $32B in yearly revenue, this would cost them $36.5mil a year, a small drop in the bucket to what they bring in.
But how much money do they make in norway though? And it’s all a matter of consistently increasing that cost of doing business everywhere
Revenue is not profit, and Norway is really small.
If the fine is more than the profit Meta makes from Norway, something will have to change.
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