rnercleStarting today Facebook must pay $100.000 to Norway each day for violating our right to privacy.
Xylight (Photon dev)They make $1.4B per day. This is basically just a cheap subscription for them
riccardoFrom the article:
$100,000 per day for a country with ~5.4 million people is a lot. If even 20 percent used Facebook regularly, then that would still be 10 cents per user per day. It’s unlikely that Meta is generating so much profit per user - every day.
This is a reasonable observation and I wonder what Meta would do once one of their services becomes unprofitable in a specific country. Anyway if you add Instagram and WhatsApp to the math, maybe yeah they would still generate profits from the Norwegian userbase
I wonder if this is a big amount for Norway’s government. After 3 years you’ve got 100 million dollars. Not huge but you could build a nice hospital or something with that.
per capita, iirc, Norway is richer than U.S.
they don’t need to fine fecesbook to get rich
Not really, they have the world’s biggest sovereign wealth fund. …wikipedia.org/…/Government_Pension_Fund_of_Norwa…
Dude, Norway is one of the richest countries in the world.