BrikoXM to TechnologyEnglish · 2 months agoMeta risks sanctions over “sneaky” ad-free plans confusing users, EU saysarstechnica.comexternal-linkmessage-square6fedilinkarrow-up134arrow-down10file-textcross-posted to: [email protected]
arrow-up134arrow-down1external-linkMeta risks sanctions over “sneaky” ad-free plans confusing users, EU saysarstechnica.comBrikoXM to TechnologyEnglish · 2 months agomessage-square6fedilinkfile-textcross-posted to: [email protected]
minus-squareAwkwardLookMonkeyPuppet@lemmy.worldlinkfedilinkEnglisharrow-up3·2 months agoWill the sanctions cost them more than the profits from their sneaky plan?
minus-squareBrikoXOPMlinkfedilinkEnglisharrow-up2·edit-22 months ago Meta could be fined up to 4 percent of its annual turnover if consumer protection authorities are unsatisfied with Meta’s proposed solutions. So from 134 billion, 4% would be 5.36 billion.
minus-squareAwkwardLookMonkeyPuppet@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months agoDo you mean profit when you say “turnover”?
minus-squareBrikoXOPMlinkfedilinkEnglisharrow-up2·2 months agoIt’s total income. Profit is income minus expenses.
minus-squareAwkwardLookMonkeyPuppet@lemmy.worldlinkfedilinkEnglisharrow-up1·2 months agoOh dang! That is a serious fine then. Nice!
Will the sanctions cost them more than the profits from their sneaky plan?
So from 134 billion, 4% would be 5.36 billion.
Do you mean profit when you say “turnover”?
It’s total income. Profit is income minus expenses.
Oh dang! That is a serious fine then. Nice!
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Nice!