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Bluesky Says It Will Comply With EU Rules After Being Called Out (www.bloomberg.com)

submitted 1 week ago by moe90@feddit.nl to c/technology@lemmy.world

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[–] djsp@lemmy.world 20 points 6 days ago* (last edited 6 days ago)

That 6% is the gross of sales, not revenues as well.

I think you mean "that's 6% of revenue, not profit". Revenue is gross income before expenses and other tax deductions. Sales is revenue generated by selling products and services, as opposed to interest and investment proceeds. Profit is revenue minus expenses and tax deductions and is where corporations often cheat.