minus-squareradish6367@lemmy.catoNews@lemmy.world•Meta ordered to pay $25 billion for deceiving users about privacy on Facebooklinkfedilinkarrow-up2·24 days agoIt also depends how long they have to pay. The recent $18B settlement must be paid over 10 years. So that basically doesn’t matter to a company like Meta. linkfedilink
minus-squareradish6367@lemmy.catoTechnology@lemmy.world•New Mexico jury finds Facebook liable for over 43 million violations of consumer protection law—and Meta could owe over $200 billion in penaltieslinkfedilinkEnglisharrow-up5·2 months agoHopefully they aren’t given 10 years to pay it off like the recent $18B fine for harming children. linkfedilink
It also depends how long they have to pay. The recent $18B settlement must be paid over 10 years. So that basically doesn’t matter to a company like Meta.