merde alors to Privacy@lemmy.ml • edit-22 years agoStarting today Facebook must pay $100.000 to Norway each day for violating our right to privacy.tutanota.commessage-square104arrow-up111arrow-down10file-text
arrow-up111arrow-down1external-linkStarting today Facebook must pay $100.000 to Norway each day for violating our right to privacy.tutanota.commerde alors to Privacy@lemmy.ml • edit-22 years agomessage-square104file-text
minus-square@coffeekomrade@lemmy.mllinkfedilink1•2 years agoAs 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-square@FaeDrifter@midwest.sociallinkfedilink1•2 years agoRevenue 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.
minus-square@Kidplayer_666@lemm.eelinkfedilink1•edit-22 years agoBut how much money do they make in norway though? And it’s all a matter of consistently increasing that cost of doing business everywhere
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.
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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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