Comment on Norway Fining Meta $98,500 per Day for User Privacy BreachComments−yard20102yFacebook is a $815 Billion company. This is merely a slap on the wrist. Honest question, why not 100x? They can and will pay, and other governments can follow and end this lizard way of doing business−ekianjo2yRevenue is not the same as net income. And market cap is utterly meaningless−ta12432yRevenue is 120b/year, or $330m a day. This is 1/3,300th of their global revenue.It's the equivelent of being less than one parking ticket per year - and that's for someone on an SV income.
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Facebook is a $815 Billion company. This is merely a slap on the wrist. Honest question, why not 100x? They can and will pay, and other governments can follow and end this lizard way of doing business
Revenue is not the same as net income. And market cap is utterly meaningless
Revenue is 120b/year, or $330m a day. This is 1/3,300th of their global revenue.
It's the equivelent of being less than one parking ticket per year - and that's for someone on an SV income.