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> "Facebook Ireland and Facebook’s other foreign affiliates - not Facebook US - led the high-risk, and ultimately successful, international effort to sell Faceb
by pbiggar 7y ago
> "Facebook Ireland and Facebook’s other foreign affiliates - not Facebook US - led the high-risk, and ultimately successful, international effort to sell Facebook ads,” the company said in a pre-trial memorandum.
This is hilarious! Does anyone really believe the pretense that these are multiple different companies?
- jlmorton 7y agoThe US should have a tariff on intellectual property royalty payments from wholly-owned foreign subsidiaries of American companies.
- Mirioron 7y agoThis seems like it could actually work. If you made this tariff equal to the corporate tax rate then won't you generate the same amount of taxes?
- Hamuko 7y agoI have hard time believing that selling Facebook ads is a high risk (at least from a financial standpoint, maybe from a democratic standpoint yes) effort. In 2010, Facebook had 500 million monthly users and there wasn't even any kind of a serious privacy legislation like GDPR to curtail Facebook's plan on monetizing user data. I can't imagine there were many executives at Facebook losing sleep over this.