• ExLisper@lemmy.curiana.net
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    6 months ago

    The jury ordered Meta to pay the maximum penalty under the law of $5,000 per violation, totaling $375m in civil penalties for violating New Mexico’s consumer protection laws.

    Meta: I guess I will only be able to spend $79.635.000.000 on my next useless venture.

  • bitjunkie@lemmy.world
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    6 months ago

    Putting this in fixed-width for scale:

    This ruling:                        375,000,000
    Meta valuation:               1,618,000,000,000
    

    This isn’t even a slap on the wrist; it’s a fucking rounding error.

    • 7101334@lemmy.world
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      6 months ago

      Phrased in another way, it’s equivalent to if you had $1,618 in the bank and were fined $0.30.