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Re:Facebook fined £50.5m for breaching order in Giphy takeov... by acatton on Wednesday October 20, 2021 @07:43AM (#28929520)
I've never understood why people focus so much on revenue. "My company has a 2M$ ARR." All right, good for you, but if you're spending 2.5M$ per year to run your company, it looks like a crappy business to me...

I would suggest something more like "Facebook fined 15 hours of profit for breaching order in Giphy takeover investigation"

Re:Facebook fined £50.5m for breaching order in Giphy takeov... by yunohn on Wednesday October 20, 2021 @08:05AM (#28929662)
On the contrary, I don’t understand why you’re focusing on profit.

It’s quite public knowledge that most companies avail accounting practices to lower profit over revenue. In fact, it’s not even a trick - investing profits back into your business is common sense.

Re:Facebook fined £50.5m for breaching order in Giphy takeov... by Sebb767 on Wednesday October 20, 2021 @08:21AM (#28929788)
But it's also common knowledge that there are quite a few low-margin businesses, which have insane revenue, but comparatively very low profit - general stores, for example.

Think of someone living in SF and someone living somewhere in the central US in a cheap region, both earning 100k$. If you fine both of them 10k$, the latter one probably won't have a big problem, since the living costs are rather low. Someone in SF, though, will spent most of their income on rent, so this fine will hit them hard. Calling the fine 10% of their income will totally misrepresent the impact.

Re:Facebook fined £50.5m for breaching order in Giphy takeov... by ViViDboarder on Wednesday October 20, 2021 @08:27AM (#28929829)
> But it's also common knowledge that there are quite a few low-margin businesses, which have insane revenue, but comparatively very low profit - general stores, for example.

Sure. But Facebook isn’t one of those.

Re:Facebook fined £50.5m for breaching order in Giphy takeov... by Sebb767 on Wednesday October 20, 2021 @09:19AM (#28930303)
Which is pretty irrelevant - profit and revenue are only loosely correlated. My point is that simply stating the revenue percentage does hardly tell anything about the actual impact.
Re:Facebook fined £50.5m for breaching order in Giphy takeov... by ViViDboarder on Sunday October 31, 2021 @12:08PM (#29057979)
It can be relevant when talking about a company like Facebook while not relevant to others.
Re:Facebook fined £50.5m for breaching order in Giphy takeov... by wdb on Thursday October 21, 2021 @06:08AM (#28942437)
You have the fine them were it hurts to make it more effectual so they won't do similar things anymore.

There are also say why do they only pick on American companies but that's mostly because of SV is in the US.

Re:Facebook fined £50.5m for breaching order in Giphy takeov... by BiteCode_dev on Wednesday October 20, 2021 @08:07AM (#28929673)
Because in order to avoid paying taxes, a lot of companies balance books so that no profit emerges.
Re:Facebook fined £50.5m for breaching order in Giphy takeov... by robertlagrant on Wednesday October 20, 2021 @10:22AM (#28930973)
Yes, by paying for things and people. Because that's more valuable than paying taxes.

However, that only works if one's willing to forego paying shareholders dividends (which are paid out of net). Lots of people are not willing to do that.