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

• code@lemmy.world ⁨8⁩ ⁨months⁩ ago

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

  source

  • QuaternionsRock@lemmy.world ⁨8⁩ ⁨months⁩ ago

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

    source

    • possiblylinux127@lemmy.zip ⁨8⁩ ⁨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

      source