this post was submitted on 19 Dec 2023
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$700 million that'll teach Google. Out of curiosity, what was Google's 2022 profit?
......279.8 billion This fine represents less than 0.25% of Google's profit. So I guess Google won't learn their lesson.
Edit: Fix link
Cost of doing business
that's the equivalent of a couple sacks of groceries or a tank of gas for many of us.
Revenue =/= profit. Also, that's just one year.
I mean, show that to OP, not me.
deleted
Not to be a dick, but I think it's very slightly more than 0.25%.
I don't think we need much more resolution than 25/10000...
Peanuts
$280B can buy lots of peanuts.
Google earns about $60 billion/year. It will take Google a little over 4 days to make up the difference.