On: Meta fined $1.3B over data transfers to U.S.

[rmm]

Wasn’t the fine for breaches since July 2020? So more like 2 days revenue and like 3%profit.

Actually meta had bigger year last year so a bit less than that.

Cost of business ?

[nicce → rmm]

The investigation lasted 10 years.

https://noyb.eu/en/edpb-decision-facebooks-eu-us-data-transf...

So, the fine is ridiculously low. 130 million per year?