Comment on Ebay Could Owe $1.9 Billion in Fines for Allowing Sale of 343,000 Emissions Defeat Devices

• plz1@lemmy.world ⁨11⁩ ⁨months⁩ ago

  They did nearly $10B in revenue last year…

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  • code@lemmy.world ⁨11⁩ ⁨months⁩ ago

    Yeah, and a net loss of a bit over $1B. Revenue ≠ money in the bank.

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    • QuaternionsRock@lemmy.world ⁨11⁩ ⁨months⁩ ago

      But a $3M loss is going to sting when they’re already losing over 333 times that per year?

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      • possiblylinux127@lemmy.zip ⁨11⁩ ⁨months⁩ ago

        Yes it will. Also the PR negativity from this caused there stock to drop %1.6 according to Reuters.

        I am not a fan of these silly laws but the enforcement will be effective

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