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TikTok fined €345m for breaking EU data law on children’s accounts
(www.theguardian.com)
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this post was submitted on 15 Sep 2023
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If it’s not percentage based that’s just the cost of breaking that law if you feel like it.
https://kbin.social/m/technology@lemmy.world/t/457804/-/comment/2365849
Because 3.7% of their (last year's) yearly revenue totally isnt important at all, nope! It's not like it's 0.3% from the fine's maximum allowed percentage of 4.0% or anything.