Privacy win: Starting today Facebook must pay $100.000 to Norway each day for violating our right to privacy.
tutanota.com
With a fine of only $100,000 Norway could destroy Facebook's & Instagram's business model relying on personalized ads.

😁

  • matlag
    24•2 years ago

    Besides panicking a few regional managers, this can only be a bad news for Meta if other countries, or even better, the EU follows them.

    100kUSD/day for a 5.4M inhabitants country, that scales to 8.3M$/day for the total 450M inhabitants EU has (yes: I know that’s not how it works, I’m doing a very gross approximation here).

    That’s would be 3B$/year. Now we’re talking!