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$1.4B is serious money though. You can't be paying that out left and right, and there's no way Meta made more than $1.4B on doing facial analysis of photos uplo
by CydeWeys 2y ago
$1.4B is serious money though. You can't be paying that out left and right, and there's no way Meta made more than $1.4B on doing facial analysis of photos uploaded by Texans. This was an actual loss by them, and thus an error.
- whythre 2y agoIt also seems to leave the door open to similar outcomes in other jurisdictions, compounding the potential loss.
- queuebert 2y agoFinally an advantage for the people of the US being a republic of states instead of a monolithic democracy.
- glaucon 2y ago1.5 days revenue which they have negotiated to pay over the course of five years.
- CydeWeys 2y agoThe right figure to compare against is their annual profit, which is around $45B. A single state in the US in a single enforcement action against them taking off over 3% of their entire profit for the year is a big deal.
- deleted 2y ago[deleted]