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by icegreentea2
1038 days ago
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Meta makes (revenue) ~25 billion a year from EU. Very crudely compensating for Norway vs EU population (~5 vs 450 million), you'd estimate ~250-300 million revenue per year from Norway. 36M USD per year then works out to like 10-15% of yearly revenue. Meta reports overall operating margin in the 20-30% range, so 10-15% revenue loss is significant, but not immediately deadly... which seems to match the stated intent of Norwegian authorities. |
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