this post was submitted on 22 Jan 2024
599 points (97.6% liked)
Technology
58303 readers
7 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
https://www.enforcementtracker.com/
Yep, hefty. Top 5: 1.2B meta, 746M amazon, 405M meta, 390M meta, 345M tiktok (all in €).
Oh noooo, 1% of their yearly gross revenue or 1.3% of their yearly gross profit. What a fine!
Side note: I would love to discover a public record of them paying these fines... we hear they ate fined, but never that they had to pay them. What is stopping them from cutting a deal of a payment plan over 20 years with 0% interest or full up front but only paying 30% of it or some lobbying BS.
We can infer that for sure this fine is coming out pre-tax.