Google Pays $1.375 Billion to Texas Over Unauthorized Tracking and Biometric Data Collection
Google Pays $1.375 Billion to Texas Over Unauthorized Tracking and Biometric Data Collection
Now that's a fine that actually hurts them. Now 50x 🐸
Now that's a fine that actually hurts them
Please. That's less than two day's revenue for the obscene behemoth that is Google parent company Alphabet
Now 50x
You're getting warmer..
Revenue is a useless metric.
It's about 1.4% of their annual profit.
That seems reasonable given this is only about users in Texas. If this same result were applied to all users and jurisdictions worldwide, we'd be looking at about 200-300% of their annual profit.
It's about 1.4% of their annual profit
Nowhere near it. You ARE aware that the official profits are AFTER the army of tax avoidance lawyers and accountants do their somehow still legal thing, right?
Wouldn't be surprised if the ACTUAL profits were multiple times the official number.
Revenue is a useless metric.
Not compared to post-avoidance profits.
If this same result were applied to all users and jurisdictions worldwide, we'd be looking at about 200-300% of their annual profit
Only if going by the official number and counting several users and jurisdictions more than once.
