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Meta being fined $100k a day for personalized ads in Norway(techcrunch.com)

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MidwestMayonaiseSalad@lemmy.world
28 points

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

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_Tom_@lemmy.world
29 points

That’s why if a fine does not exceed the benefit the company gained from it, it’s not a deterrent but a cost of business.

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8bitguy@kbin.social
3 points

The way I read it, the fine is capped to $1M NOK.

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DigitalWebSlinger@lemmy.world
1 point

This is what you might call a “public-private partnership”.

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