Comment on Grindr faces massive fine for allegedly sharing “sensitive” user data
Grippler@feddit.dk 5 months agoIn a globally spanning company, it doesn’t make sense to separate it in to different markets like that IMO.
Comment on Grindr faces massive fine for allegedly sharing “sensitive” user data
Grippler@feddit.dk 5 months agoIn a globally spanning company, it doesn’t make sense to separate it in to different markets like that IMO.
Evotech@lemmy.world 5 months ago
But what might be illegal in Norway isn’t necessarily illegal or finable in other countries
I’m not sure how they Norwegian courts landed on this number though.
Grippler@feddit.dk 5 months ago
No it may not be, but it’s one company and I believe they should be fines based on their global revenue, just like the EU fines alphabet, meta and apple. If a fine doesn’t hurt in their global financial picture, they don’t give a shit.
Evotech@lemmy.world 5 months ago
Grindr had qn Operating Income of $55 Million kn 2023
So the fine is over 10%. Still hurts id say
investors.grindr.com/news/…/default.aspx?ref=plat…
Grippler@feddit.dk 5 months ago
But like I said, I believe global revenue is a better measure for global corporations when it comes to how large fines should be. They have to be large enough to make these companies proactive and not just reactive.