alt Hacker NewsThey were fined almost a billion dollars over a UI feature where you select which photos to upload. The app itself doesn't actually access your camera roll randomly and upload your photos or anything.
Isn't the EU making more money from fining US tech companies than their own tech companies are paying in taxes at this point?
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dmix • today at 5:12 PM
After a few big payouts it will be difficult for these governments to stop putting their hand in the cookie jar. They will find something new every year.
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> Isn't the EU making more money from fining US tech companies than their own tech companies are paying in taxes at this point?
No, this is a common piece of Trump era propaganda. The EU does not levy such a general corporate tax, fines are not recurring as taxes are, fines like this one are done by a single member state (Italy in this case) and do nothing for the EU's budget, and the big tech companies within the EU are private companies whereas this misleading stat picks the rare public ones for its comparison