Privacy win: Starting today Facebook must pay $100.000 to Norway each day for violating our right to privacy.
tutanota.comWith a fine of only $100,000 Norway could destroy Facebook's & Instagram's business model relying on personalized ads.
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From the article:
This is a reasonable observation and I wonder what Meta would do once one of their services becomes unprofitable in a specific country. Anyway if you add Instagram and WhatsApp to the math, maybe they would still generate profits from the Norwegian userbase
I wonder if this is a big amount for Norway’s government. After 3 years you’ve got 100 million dollars. Not huge but you could build a nice hospital or something with that.
Dude, Norway is one of the richest countries in the world.
Not really, they have the world’s biggest sovereign wealth fund. https://en.m.wikipedia.org/wiki/Government_Pension_Fund_of_Norway
per capita, iirc, Norway is richer than U.S.
they don’t need to fine fecesbook to get rich