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by frabcus 1017 days ago
Norway is only 5 million people - if every country in the world did it the fine would be more like $30 billion per annum, which is about a quarter of Facebook's revenue.

Still, agreed would be better if it was a more punitive fine!

1 comments

Metas profit for 2022 was 23 billion. Assuming 3 billion users that’s like $8 per user per year of profit. Thats actually quite insane how much value they extract out of each of us.
I'd also guess that profitability is not spread evenly across all users, and certainly not across all countries.

I'd guess a good chunk of us are worth £0 (or even negative) and then there is a long tail of increasing valuable users who interact with adverts and services.

Amazing how valuable some of the users must be!

Absolutely. The fact that a single ad click for personal injury lawyers could fetch Google hundreds if not thousands of dollars is testamount to this.