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   Proton Mail (protonmail@mastodon.social)'s status on Tuesday, 09-Jan-2024 04:05:01 JST Proton Mail

   If you think big fines work on #BigTech, think again.

   Google, Apple, Meta, Amazon, and Microsoft generated enough revenue in the past 7 days to pay off their fines for 2023.

   Taking advantage of your privacy is so lucrative, that these fines are nothing more than the cost of doing business.

   🧵1 / 3

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   • cy and Børge repeated this.
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     Pleroma-tan (kirby@lab.nyanide.com)'s status on Tuesday, 09-Jan-2024 04:05:00 JST Pleroma-tan

     in reply to
     @protonmail :glowing: :glowinthedark: :threeletteragentglowsobright:
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     Proton Mail (protonmail@mastodon.social)'s status on Tuesday, 16-Jan-2024 06:51:39 JST Proton Mail

     in reply to

     Big tech fines in 2023 totalled $3bn for breaking laws on both sides of the Atlantic.

     Here's a breakdown of long it took them to pay off their respective fines:

     🔎 Google: $941 million – 1 day 4 hours
     📦 Amazon: $111.7 million – 2 hours
     👓 Meta: $1.72 billion – 5 days 13 hours
     🍏 Apple: $186.4 million – 4 hours
     🪟 Microsoft: $84 million – 3.5 hours

     🧵 2 / 3

     cy likes this.
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     Børge (forteller@tutoteket.no)'s status on Monday, 19-Feb-2024 20:13:10 JST Børge

     in reply to

     @protonmail It's a problem that media reports these fines in absolute numbers. They sound so big, they risk getting people to sympathize with the tech companies and turn against the governments, much like that famous McDonald's coffee incident. They should report them as percentages of income or, as you, as time.