Bluesky Says It Will Comply With EU Rules After Being Called Out
Bluesky Says It Will Comply With EU Rules After Being Called Out
www.bloomberg.com
Bluesky Says It Will Comply With EU Rules After Being Called Out
28 comments
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âBreaches can result in fines of up to 6% of their global annual sales.â
WellâŚsince they donât sell anything, and where exactly theyâre getting their money from is an outstanding question, Iâm sure once they get to 45 million users in the block theyâll be happy to pay 6% of zero.
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Dont sell anything, yet. I'm sure they will a start selling things sooner or later, seeing as it's not a charity, and its platform is expensive to run.
That 6% is the gross of sales, not
revenuesprofit as well. It can work out to a company's entire profit margin. Its an incredibly serious fine you dont want trained on you at any point.-
That 6% is the gross of sales, not revenues as well.
I think you mean "that's 6% of revenue, not profit". Revenue is gross income before expenses and other tax deductions. Sales is revenue generated by selling products and services, as opposed to interest and investment proceeds. Profit is revenue minus expenses and tax deductions and is where corporations often cheat.
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They have already stated they'll do a premium subscription
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They actually sell a service where you can buy a domain name and have it set as your username.
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i doubt they were doing it maliciously its just the cost of their sudden rapid expansion thanks to threads and twitter collapsing that caused them to prioritise issues differently
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So how would this work if say, people were streaming over to Mastadon instead of bluesky? Like its not clear to me that even the larger fediverse instances would have the money/ access to lawyers to support something like this.
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âAll platforms in the EU have to have a dedicated page on their websites where it says how many user numbers they have in the EU and where they are legally established,â
I think that's standard on mastodon and pleroma instances.
Under the DSA, platforms with more than 45 million users in the bloc qualify as âvery large online platformsâ and need to follow stricter content moderation rules under the commissionâs supervision.
Clearly defined rules? How interesting... but moderation is a thing on the fediverse so, meh... maybe mastodon.social has to worry about it.
Smaller platforms are still required to comply with the law, but are regulated by the EU country where they have a legal presence. Thatâs so far unclear in the case of Bluesky, which was created expressly to avoid a centralized ownership structure.
And yet they're not decentralized yet... if ever. Anyway, servers are physical.
A while back i was looking for instances in the EU and while a few claimed to be from a few different countries, their servers were all in Helsinki...
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Paywalled :(
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When you gotta go you gotta go.
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Narrator: they will not
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Fines levied by the EU can be pretty damn stiff though, so I doubt Bluesky can afford to just ignore the DSA
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28 comments