- cross-posted to:
- usa@lemmy.ml
- usa@midwest.social
- cross-posted to:
- usa@lemmy.ml
- usa@midwest.social
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$375 million
That fine’s a slap on the wrist with a kiss on the forehead
Right?! Meta’s valued at 1.5T… So 0.025%
If someone makes $100k, that’s an equivalent of a $25 fine.
I get your point, but those are two different values. The first is total value of the company (which you could probably compare to someone’s net worth) while the second is yearly income.
Meta’s annual profit is $60.46 billion and revenue is $200 billion.
So, if maths on a sunday morning don’t fail me, for a person making 100k yearly, that’s a $625 fine more or less. A slap in the wrist and a kiss in the forehead.
No no no, a person having 100k left after expenses. They mentioned profit, not revenue. So a really soft, tiny slap on the wrist, barely noticable.
Right. I don’t disagree with you.
So 375 million will still only be a slap on the wrist.
Those changes include adding age verification for New Mexico users, prohibiting end-to-end encryption for users under 18 and capping their use to 90 hours per month, limiting engagement-boosting features like infinite scroll and autoplay, and requiring Meta to detect 99 percent of new child sexual abuse material (CSAM).Prohibiting end to end encryption for users under 18 years old, meaning without verified goverment id? Were just going full mask off now, are we?
We must protect the children by <checks notes> removing protections from children!
Yes indeed. That’s why I’m not excited about these lawsuits
Yeah hate that New Mexico seems to be stupid and tech illiterate about this, meta sucks so when a government fails to punish them in the right way it just gives meta valid ground to stand on in fighting back.
Mask off would mean that you know where they stand. But I can never tell if lemmings are fashy or just idiots. Probably both, I think. They go over the cliff either way.
… Because
A sweeping win for New Mexico could energize Torrez and thousands of other plaintiffs currently pursuing cases against tech companies. Conversely, a limited order could be a significant blow. The outcome won’t directly impact other cases, but it will almost certainly color negotiations over potential settlements
Thats a rounding error for them
Is there a non-paywalled link? Archive.today doesn’t load for me any more.
