this post was submitted on 18 Jul 2023
113 points (99.1% liked)

Technology

58113 readers
4762 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

Facebook & Instagram fined: How the small country of Norway could finally break Meta's business model.::With a fine of only $100,000 Norway could destroy Facebook's & Instagram's business model relying on personalized ads.

all 11 comments
sorted by: hot top controversial new old
[–] [email protected] 22 points 1 year ago (1 children)

A few additional facts that people may not be aware of:

  1. Norway is not an EU country.

  2. The population of Norway is 5.4 million. The fines appear to be calibrated to cancel out Meta’s profits from the illegal behavior Meta is using to generate those profits in Norway.

  3. If it is not profitable for Meta to engage in those illegal behaviors in Norway, they will either stop breaking Norwegian law, or pull out of Norway entirely. Either way, it’s a win for Norway.

[–] ohlaph 5 points 1 year ago

I wish more countries would follow this.