this post was submitted on 03 May 2026
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153
Meta’s historic loss in court could cost a lot more than $375 million (www.theverge.com)
submitted 1 week ago by sanitation@lemmy.radio to c/technology@lemmy.world
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[–] OpenHammer6677@lemmy.world 79 points 1 week ago (1 children)

$375 million

That fine's a slap on the wrist with a kiss on the forehead

[–] unitedwithme@lemmy.today 40 points 1 week ago (1 children)

Right?! Meta's valued at 1.5T... So 0.025%

If someone makes $100k, that's an equivalent of a $25 fine.

[–] dan@upvote.au 8 points 1 week ago* (last edited 1 week ago) (2 children)

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.

[–] AbsolutelyNotAVelociraptor@piefed.social 19 points 1 week ago (2 children)

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.

[–] testaccount372920@piefed.zip 12 points 1 week ago

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.

[–] dan@upvote.au 3 points 1 week ago

Right. I don't disagree with you.

[–] Rothe@piefed.social 3 points 1 week ago

So 375 million will still only be a slap on the wrist.