Re:Noyb win: € 1.2B fine against Meta over EU-US data transfers
by mu53 on Monday May 22, 2023 @09:08AM
(#36030962)
Facebook has made approximately 20 billion in profit yearly for the last 5 years. They don't break down profit by country, but EU represents a small portion of users. About 10% overall. Speculating that overall profits are 2billion from EU means that the fine represents about 5% of profits.
Not that bad