Assume 80% of that is Europe, and a 25% drop in revenue since X
What’s the basis for the 25%? Instead of, let’s say, 90%?
Comment on Europe gives Elon Musk 24 hours to respond about Israel-Hamas war misinformation and violence on X
fmstrat@lemmy.nowsci.com 1 year ago$2bn in 2022 for non-US. www.businessofapps.com/data/twitter-statistics/
Assume 80% of that is Europe, and a 25% drop in revenue since X, is $1.2bn, then 6% is $72m. This would likely be a daily fine of about $197K per day USD, minus shifty billionaire revenue reporting.
jarfil@lemmy.world 1 year ago
Loewi_CW@lemmy.world 1 year ago
EU revenue fines are generally calculated by global revenue cause companies always try to shift the money to other countries.