this post was submitted on 26 Jun 2023
220 points (100.0% liked)

Reddit Migration

145 readers
1 users here now

### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/

founded 1 year ago
 

This video shows that Reddit refused to delete all comments and posts of its users when they close their account via a CCPA / GDPR request.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 6 points 1 year ago (1 children)

Time for a massive fine from the EU. Something large enough to bankrupt them.

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago) (1 children)

Sadly probably not. The GDPR fine can be "up to €20 million, or up to 4% of the annual worldwide turnover of the preceding financial year, whichever is greater" which would be around 26 million based on their 2022 revenue. The company has gathered over $1.3 billion in funding and was "valued" at around $10 billion quite recently.

And that's only around what a year of API calls would have cost for Apollo so clearly by discontinuing the API they are going to save that amount back in no time!

[–] [email protected] 3 points 1 year ago

Yes, but a fine does not exempt you from compliance. If they are unable or unwilling to comply, the EU can ban them.

And I'm not talking cutting off EU user access, it's cutting off money dealing with EU customers, adverisers, etc.