this post was submitted on 28 Nov 2024
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261
Bluesky Says It Will Comply With EU Rules After Being Called Out (www.bloomberg.com)
submitted 2 weeks ago by [email protected] to c/technology
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[–] djsp 20 points 2 weeks ago* (last edited 2 weeks ago)

That 6% is the gross of sales, not revenues as well.

I think you mean "that's 6% of revenue, not profit". Revenue is gross income before expenses and other tax deductions. Sales is revenue generated by selling products and services, as opposed to interest and investment proceeds. Profit is revenue minus expenses and tax deductions and is where corporations often cheat.