Some mobile apps share your personal data immediately after they're opened. This isn't compliant with EU privacy laws

“Deletion of data and a possible fine.” Oh no, how will the billion dollar company cope with a $2m fine that all goes to the corrupt government officials anyway.

@folkrav@lemmy.world
link
fedilink
5
edit-2
1Y

To be fair, GDPR fines can go up to 2% of worldwide revenue. Meta was hit by a $1.3G fine just this year, which for 2022 fiscal year ($116.6G) accounts for 1.1% of their revenue.

But yeah. Most fines are mostly just the cost of business for those billionaire companies, and the ones that may not be, the army of lawyers they pay a fortune to have on payroll to fight tooth and nail against them, that must logically be cheaper than what those fines really end up costing them, should give a hint.

florge
link
fedilink
11Y

2% of revenue is nothing

We’re talking 2% of revenue, not income, so just straight up pre-expense money-in. That Meta fine was literally 10% of their net income for 2022.

They’ll just cut 10% of workers out and the extra 8% goes to corporate bonuses

TriStar
link
fedilink
14
edit-2
1Y

Fine is just the warning. Noncompliance can get the company kicked out of France/EU.

deleted by creator

deleted by creator

Are you suggesting they can not pay and still operate in EU? If so, based on what?

And what are you LOLing about? Did you read the next sentence? Did you understand it?

Create a post

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

  • Posting a link to a website containing tracking isn’t great, if contents of the website are behind a paywall maybe copy them into the post
  • Don’t promote proprietary software
  • Try to keep things on topic
  • If you have a question, please try searching for previous discussions, maybe it has already been answered
  • Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
  • Be nice :)

Related communities

Chat rooms

much thanks to @gary_host_laptop for the logo design :)

  • 0 users online
  • 57 users / day
  • 383 users / week
  • 1.5K users / month
  • 5.7K users / 6 months
  • 1 subscriber
  • 2.97K Posts
  • 74.6K Comments
  • Modlog