Meta Faces Potential $13.4 Billion Fine From the EU
Meta Faces Potential $13.4 Billion Fine From the EU
lifehacker.com Meta Faces Potential $13.4 Billion Fine From the EU
Following Apple, Meta is the second company charged with violating the DMA. The company's subscription plan for avoiding targeted ads isn't enough, regulators say.
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Oh nooo, what ever will they do? After all they only made US$36 Billion in the first 3 months of the year.
Losing 1/12 of their annual revenue may be enough to make them miss their quarterly or annual earnings goals which may cause the stock price to dip which may make it a little harder for the rich people to get the tax-free loans that finance their lifestyle... until the stock recovers in a few months.
That'll show'em!