Wasn’t the fine for breaches since July 2020? So more like 2 days revenue and li... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

rmm on May 22, 2023 | parent | context | favorite | on: Meta fined $1.3B over data transfers to U.S.

Wasn’t the fine for breaches since July 2020? So more like 2 days revenue and like 3%profit.

Actually meta had bigger year last year so a bit less than that.

Cost of business ?

nicce on May 22, 2023 [–]

The investigation lasted 10 years.

https://noyb.eu/en/edpb-decision-facebooks-eu-us-data-transf...

So, the fine is ridiculously low. 130 million per year?

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact