alt Hacker News1% of Meta's global revenue is a tiny-tiny cost of doing business? At that point, I think I can stop even trying to argue here. It's a massive fine any way you put it. Especially when you consider the ceiling hasn't been reached and non compliance is more and more costly by design.
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Zanfa • yesterday at 10:48 AM
It's not even 1% of their annual revenue, let alone the entire multi year period they've been in breach before and since. It's nothing to them.
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Their net profit was $60billion in 2024. This is peanuts. It can fluctuate by multiples of this fine in a month, depending on whether or not they've had a bad or good month, nevermind year. This pretty much is just a cost of doing business.