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Application: The bill does not apply to social media companies with less than $100 million in gross revenue or to services with limited user interactions like d
by LinuxBender 3y ago
Application: The bill does not apply to social media companies with less than $100 million in gross revenue or to services with limited user interactions like direct messages, commercial transactions, or reviews.
That was going to be my first question. Nice to see it would not affect my silly little forum and chat servers.
It looks like Discord meets the criteria would be subjected to this however.
- TechBro8615 3y agoWell, Your Honor, Facebook the social media site is actually owned by Facebook Limited, an Irish company owned by a British trust with shareholders consisting of Meta Limited (Hong Kong) and Meta Limited (Seychelles). Believe it or not, Facebook actually loses money! The distantly related company of Meta Inc (owned by Meta Limited (Ireland)), does make some money from advertising, but it pays Facebook Limited a recurring subscription of $99 million per annum for a royalty-free, exclusive license to its newsfeed API. So we're sorry, Your Honor, but New York courts have no jurisdiction here, and even if they did, the plaintiffs are wrong to assert that "Facebook" makes more than $100 million in annual revenue.
- professorsnep 3y agoDiscord has one of the better APIs out there for social media, and is definitely free of charge.
- deleted 3y ago[deleted]