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nielsbot
on Aug 6, 2021
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U.S. FTC says Facebook misused privacy decree to s...
Metaphorical pennies. I don't see how a 1 time charge of 1/6 of one year's net income is that big of a charge. Make it a whole year of profit and now you're talking.
spywaregorilla
on Aug 6, 2021
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$5B is more than the purchase price of Oculus and multiple years of VR content investment.
nielsbot
on Aug 6, 2021
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The price of these acquisitions isn't relevant to the amount of "pain" this fine does or does not inflict on FB.
spywaregorilla
on Aug 6, 2021
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In terms of trying to rationalize how much $5B matters to them I think this is a perfectly reasonable comparison.
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