this post was submitted on 27 Sep 2024
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Meta fined $102 million for storing passwords in plain text (www.engadget.com)
submitted 22 hours ago by neme@lemm.ee to c/technology@lemmy.world
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[–] Coasting0942@reddthat.com 50 points 21 hours ago (2 children)

Have you seen IT budgets? Some vice-president of technology is going to be pissed his numbers look bad compared to his peers during their weekly numbers measuring contest.

[–] curbstickle@lemmy.dbzer0.com 21 points 21 hours ago

Its about $2.6 billion per week in revenue, even by the weekly numbers its not an impact

(based on ~$135b in revenue for 2023, according to financial disclosure reports)