this post was submitted on 17 Jul 2023
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13
Meta being fined $100k a day for personalized ads in Norway (techcrunch.com)
submitted 1 year ago by SELECTstarFROMreddit@sh.itjust.works to c/technology@lemmy.world
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[–] darkdemize@sh.itjust.works 1 points 1 year ago (1 children)

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

[–] MidwestMayonaiseSalad@lemmy.world 1 points 1 year 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

[–] fiat_lux@kbin.social 1 points 1 year ago (1 children)

From the linked techcrunch article:

will face fines of up to one million NOK (~$100k) per day.
unless it obtains users’ consent to the processing

From the order itself:

The order applies from 4 August 2023
we may decide to impose a coercive fine of up to NOK 1 000 000 (one million) per day

Misleading title.

[–] Burstar@lemmy.dbzer0.com 1 points 1 year ago

unless it obtains users’ consent to the processing

"Do you consent to the processing?"

'No, I do not consent'

[Account Suspended]

"Wait, I CONSENT! Please, take all my data! Take all the data of my entire family and everyone I've ever associated with online! ANYTHING but suspend the account. PLEASE!"

'Thank you for your patronage.'

[–] mintiefresh@lemmy.world 0 points 1 year ago (1 children)

Fine should be larger. And more countries should join in.

Thank you for coming to my ted talk.

[–] odbol@lemmy.world 0 points 1 year ago

Nah. I would hate to live in a country that bans personalized ads. It would be like living in the 90s watching cable TV seeing completely irrelevant tampon and baby ads as a single dude.

Personalized ads are much less annoying than the "spray-and-pray" noise we used to deal with.