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9 comments
DELETED

@bruces This is the truth behind those mass layoffs. They had to account for the overages from the GDPR fines!

skry

@bruces 2+ billion euros for Meta. You’d think that kind of money ought to get even the US to start a privacy regulation regime.

zbrando

@bruces In 2022 Meta profits were 11,5 Billions, I'm sure it can survive without a couple of billions.
Remember, no corporation has been ever fined more of what it stole.

Jeff Grigg

@zbrando @bruces

As long as the fines are a fraction of the profits from the violation, then it's just a "cost of doing business" to them.

RolingMetal

@bruces I'm surprised how much Meta was fined, compared to Google.
And Microsoft and Apple are not even on the list, they must be the Good guys :)

Kudra :maybe_verified:

@uberprutser @bruces I'm not. Facebook has always been the worst offender.

Irongut

@bruces I count that as over €2.5 billion in fines against Facebook / Meta and related companies which dwarfs Google's €150m by an order of magnitude! Another good reason I have never used a Zuck owned service and never will.

Gonzalo Nemmi :runbsd:

@bruces "And this, kids, is why the fines system doesn't work.

It is not there to protect your rights

It is there to indulge yourself in the belief that your rights are legally protected while, in reality, there's nothing more than yet another source of income for the state, to maintain the huge administrative framework it created to _deprive_ you from your actual rights in order to grant multinational corporations the benefit of exploiting them without ever giving you something in return."

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