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Re:European Parliament Voted to Ban Remote Biometric Surveil... by s_dev on Monday October 11, 2021 @12:06PM (#28829844)
Whats app was fined 250 Million. It might be a small % of their revenue but it's a significant cut of their profits for that year.
Re:European Parliament Voted to Ban Remote Biometric Surveil... by techpression on Monday October 11, 2021 @01:59PM (#28831037)
If you only look at it as pure loss, which would be wrong, WhatsApp (Facebook) most likely made a lot more money (and will continue to so) with the data, than they were fined.
Re:European Parliament Voted to Ban Remote Biometric Surveil... by Nextgrid on Monday October 11, 2021 @12:22PM (#28830009)
Is WhatsApp still a separate company? The real reason WhatsApp exists is to provide Facebook a backdoor into people's contacts so they can infer their social graph. Whatever "revenue" WA earns is peanuts, the real value is the collected data.
Re:European Parliament Voted to Ban Remote Biometric Surveil... by C19is20 on Monday October 11, 2021 @12:10PM (#28829889)
Where do(es) the [income from the] fine(s) go?