5 points | by Ohans_favour 10 hours ago ago
2 comments
400 million represents about 6 days of gross here or about 7% of net profits at TikTok. For ByteDance this "fine" represents less than a single day.
These fines and those on Facebook in the EU while astronomical in the traditional sense, are essentially the cost of doing business for social media.
Will Larry even notice?
400 million represents about 6 days of gross here or about 7% of net profits at TikTok. For ByteDance this "fine" represents less than a single day.
These fines and those on Facebook in the EU while astronomical in the traditional sense, are essentially the cost of doing business for social media.
Will Larry even notice?