Technology

59389 readers

3126 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

309

FCC hits Verizon with $1M fine for dropping 911 calls, again • The Register (www.theregister.com)

submitted 4 months ago by fne8w2ah@lemmy.world to c/technology@lemmy.world

25 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] CosmicTurtle0@lemmy.dbzer0.com 9 points 4 months ago (1 children)

Never profits. Must be revenue.

Companies have ways of looking like they don't make a profit, especially when it comes to filing taxes.

"Oh, we created a subsidiary in Ireland and, gosh darn, they charged us a gagillion dollars for this pen. We actually have a loss this year."

Beat

"Stimulus please!"

[–] lennivelkant@discuss.tchncs.de 5 points 4 months ago

I believe that is why people made such a fuss about the GDPR allowing courts to slap companies for up to 4% of their worldwide annual revenue. Whether or not that full extent is ever brought to bear against particularly megacorps is a different question, but at least medium-sized companies will probably avoid repeat offenses. I don't know how Meta felt about the 1.2 billion ticket either, but I can't imagine they just shrugged it off as normal business expenses.