| ▲ | robin_reala 5 hours ago |
| On https://enforcementtracker.com/ I’m seeing: - Meta Platforms Ireland Limited: €4,514M - Facebook Ireland Ltd.: €60M - WhatsApp Ireland Ltd.: €225M - Meta Platforms, Inc.: €405M That totals €5.204B. Add in Italy’s €805M and we’re up to €6.009B. |
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| ▲ | fuussssip 5 hours ago | parent | next [-] |
| Paid over what time period? And how much has been paid to date? |
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| ▲ | robin_reala 5 hours ago | parent [-] | | It’s a reasonable question, but not one that I have the answer for as I assume that information isn’t released unless there’s some failure in Meta’s payment. |
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| ▲ | asadotzler 4 hours ago | parent | prev | next [-] |
| One of those is in the billions. The total is about 2 months of Meta income. It's literally a slap on the wrist. |
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| ▲ | robin_reala 4 hours ago | parent | next [-] | | Meta made €13.11B from Europe (not the EU but close enough) in 26Q3,[1] so this is more like 1.37 months only-Europe revenue. Having said that, even this paltry amount is enough to get the US administration threatening trade wars, so I guess that’s a factor that plays into the EU’s reticence to fine more. Well, that and the fact that the Irish DPC are corrupt to the core. [1] https://s21.q4cdn.com/399680738/files/content_files/Earnings... | |
| ▲ | ragall 4 hours ago | parent | prev | next [-] | | > It's literally a slap on the wrist. Two months of income are far from a mere "slap on the wrist". | | |
| ▲ | Ylpertnodi 4 hours ago | parent [-] | | It is a slap on the wrist - any more and trump gets trumpy. | | |
| ▲ | cowlevel 10 minutes ago | parent [-] | | Imagine I am a policeman and I come to your house and take away two months of your income as a fine for something bad you did (stole a TV from a store, say). Is that a wrist slap or is it actually quite a lot of money? I also take back the TV. |
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| ▲ | GeoAtreides 3 hours ago | parent | prev [-] | | in what world 2 months of income, not profit, income, is a slap on the wrist?!! |
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| ▲ | jareklupinski 5 hours ago | parent | prev [-] |
| at this point, Meta becomes a source of revenue for these governments not saying Meta is in the right (they should have been paying this money in taxes anyway), but they're not going to be hard stopped from handing over money for free either you know how much governments love pumping their sources... especially once a government start running out of their previous resources... 6B for everyone's pictures suddenly seems like a line item on someones defense budget :/ |
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| ▲ | dns_snek 5 hours ago | parent [-] | | > at this point, Meta becomes a source of revenue for these governments Why do you think Meta should get away with breaking the law without paying fines? They're lucky they don't face criminal charges and go to jail for consistently breaking the law. | | |
| ▲ | jareklupinski 4 hours ago | parent [-] | | i dont think Meta should get away with it, im just saying it wont be up to the governments making billions off this entire scheme to stop them: the people in charge seem to have found just how much of their citizens' data they can sell before anyone votes for the other side; they just have to go through the courts to get the money if Meta followed the law in the first place, the EU would be down 6 billion |
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