Re:Meta fined $102M for storing passwords in plain text
by JCharante on Saturday September 28, 2024 @07:45AM
(#41679619)
20% of revenue isn't that much. Would you rather focus on your core product and double your revenue, or focus on getting that 20%? Yes giant companies have the resources and experience less YoY growth so they will work with the EU market, but most companies would do better to ignore the EU.
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Re:Meta fined $102M for storing passwords in plain text
by philistine on Saturday September 28, 2024 @08:57AM
(#41679956)
Explain to me how not selling in the EU could double a company's revenue? How removing yourself from your third largest market would enlarge the others? How millions of people in the US don't buy an iPhone because you can buy iPhones in Germany?
Re:Meta fined $102M for storing passwords in plain text
by nolok on Saturday September 28, 2024 @02:03PM
(#41681902)
> 20% of revenue isn't that much
It is in reality gigantic, especially at that scale. And in this specific example, Apple net profit is 24% of their revenue.
> Would you rather focus on your core product and double your revenue
Saying you no longer sell to people with blue eyes or wearing short is not in any way increasing your sales to other people.
I'm sorry to you your messages sound like you're not very knowledge about the subject matter.