Comment on 4chan fined $26K for refusing to assess risks under UK Online Safety Act
nagaram@startrek.website 3 weeks agoIts probably a parent company situation.
Lots of corpo structures are just large parent companies that actually just own a bunch of smaller companies so that the parent company gets the profits while the smaller companies make the risky products and can be bankrupted at any minute.
The company I work for does that. We just bought a couple companies that were competitors in a risky but profitable market. The full idea is that if one company gets sued to oblivion, we let that company die, move all the employees and customers to the backup company, and call it a day.
Capitalism baby!