SELECTstarFROMreddit@sh.itjust.works to Technology@lemmy.worldEnglish · 1 year agoMeta being fined $100k a day for personalized ads in Norwaytechcrunch.comexternal-linkmessage-square6fedilinkarrow-up114arrow-down10
arrow-up114arrow-down1external-linkMeta being fined $100k a day for personalized ads in Norwaytechcrunch.comSELECTstarFROMreddit@sh.itjust.works to Technology@lemmy.worldEnglish · 1 year agomessage-square6fedilink
minus-squaredarkdemize@sh.itjust.workslinkfedilinkEnglisharrow-up1·1 year agoThat’s peanuts for a company that size. That’s the cost of doing business.
minus-squareMidwestMayonaiseSalad@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoFacebook somehow makes about $18 per person on the planet in ad revenue. Norway is 5 million people or $90 million/year all else being equal. $100k/day is $36.5 million/year. So, it’s less than it should be by probably a factor of 4-5, but still not so small they won’t feel it
That’s peanuts for a company that size. That’s the cost of doing business.
Facebook somehow makes about $18 per person on the planet in ad revenue.
Norway is 5 million people or $90 million/year all else being equal.
$100k/day is $36.5 million/year.
So, it’s less than it should be by probably a factor of 4-5, but still not so small they won’t feel it