this post was submitted on 17 Jul 2023
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Meta being fined $100k a day for personalized ads in Norway (techcrunch.com)
submitted 2 years ago by SELECTstarFROMreddit@sh.itjust.works to c/technology@lemmy.world
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[–] darkdemize@sh.itjust.works 1 points 2 years ago (1 children)

That's peanuts for a company that size. That's the cost of doing business.

[–] MidwestMayonaiseSalad@lemmy.world 1 points 2 years ago

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