cyu@sh.itjust.works to Technology@lemmy.ml · 3 years agoFacebook, Instagram face Norwegian ban from tracking users for adswww.politico.euexternal-linkmessage-square4linkfedilinkarrow-up1149arrow-down15cross-posted to: technology@lemmy.world
arrow-up1144arrow-down1external-linkFacebook, Instagram face Norwegian ban from tracking users for adswww.politico.eucyu@sh.itjust.works to Technology@lemmy.ml · 3 years agomessage-square4linkfedilinkcross-posted to: technology@lemmy.world
minus-squareUsernameLost@lemmy.mllinkfedilinkarrow-up6·3 years agoThat equates to $36.7M/year. Last year, Meta had a revenue of $114B, so the fine is 0.03% of their total revenue. Definitely just getting written off
minus-squareRonno@kbin.sociallinkfedilinkarrow-up2·3 years ago37m in one country. Considering the size if the market share in Norway, this is quite a huge fine. If only other countries would do the same. Imagine 37m x 160 or so countries where Meta is active
minus-squaredblsaiko@discuss.tchncs.delinkfedilinkEnglisharrow-up2·3 years agoThey should make these kind of fines increase the longer they don’t comply
That equates to $36.7M/year. Last year, Meta had a revenue of $114B, so the fine is 0.03% of their total revenue. Definitely just getting written off
37m in one country. Considering the size if the market share in Norway, this is quite a huge fine. If only other countries would do the same. Imagine 37m x 160 or so countries where Meta is active
They should make these kind of fines increase the longer they don’t comply