cyu@sh.itjust.works to Technology · 1 year agoFacebook, Instagram face Norwegian ban from tracking users for adswww.politico.euexternal-linkmessage-square2fedilinkarrow-up1161arrow-down15cross-posted to: becomeme@sh.itjust.worksfedditdk@feddit.dkfightforprivacy@feddit.chprivacy@chat.maiion.comtech@kbin.socialnews@lemmy.worldworldnewsglobalnews@lemmy.zip
arrow-up1156arrow-down1external-linkFacebook, Instagram face Norwegian ban from tracking users for adswww.politico.eucyu@sh.itjust.works to Technology · 1 year agomessage-square2fedilinkcross-posted to: becomeme@sh.itjust.worksfedditdk@feddit.dkfightforprivacy@feddit.chprivacy@chat.maiion.comtech@kbin.socialnews@lemmy.worldworldnewsglobalnews@lemmy.zip
minus-squareUsernameLostlinkfedilinkarrow-up6·1 year 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-up2·1 year 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-square2xsaiko@discuss.tchncs.delinkfedilinkEnglisharrow-up2·1 year agoThey should make these kind of fines increase the longer they don’t comply
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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