this post was submitted on 17 Aug 2023
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[โ€“] [email protected] 66 points 1 year ago* (last edited 1 year ago) (1 children)

From the article:

$100,000 per day for a country with ~5.4 million people is a lot. If even 20 percent used Facebook regularly, then that would still be 10 cents per user per day. It's unlikely that Meta is generating so much profit per user - every day.

This is a reasonable observation and I wonder what Meta would do once one of their services becomes unprofitable in a specific country. Anyway if you add Instagram and WhatsApp to the math, maybe they would still generate profits from the Norwegian userbase

[โ€“] [email protected] 10 points 1 year ago (3 children)

I wonder if this is a big amount for Norway's government. After 3 years you've got 100 million dollars. Not huge but you could build a nice hospital or something with that.

[โ€“] [email protected] 14 points 1 year ago

per capita, iirc, Norway is richer than U.S.

they don't need to fine fecesbook to get rich

[โ€“] [email protected] 11 points 1 year ago

Not really, they have the world's biggest sovereign wealth fund. https://en.m.wikipedia.org/wiki/Government_Pension_Fund_of_Norway

[โ€“] [email protected] 5 points 1 year ago

Dude, Norway is one of the richest countries in the world.