Comment Re:They Got Off So Easy (Score 1) 74
MASSIVE win for Meta. They faced as much as $1.4 TRILLION in liability and got off with just $17 billion.
Furthermore, it has nowhere near the impact of a $18 billion fine (counting all payments). 30% is predicated on YouTube and TikTok agree to similar payments and changes. So, it's (at least for right now), only 18 * 0.7 = $12.6 billion. Furthermore, that $12.6 billion will be paid out over 10 years. That's really $1.26 billion per year. Yes, that's something, but $1.26 billion compared to $18 billion for a company with $62 billion in post-tax annual profit makes a big difference.