At the very least, Google and Facebook have to step back if caught. Meanwhile, Chinese companies often don't care about EU privacy laws. Still avoid them altogether, any way.
Do they? They've been caught BIG TIME, and META stock price is at an ATH!
Living like a street criminal for a decade sure puts international politics in perspective, because you can just see straight through the bullshit. It's just bigger numbers, but the principles and human behavior stays 100% the same.
Meta was sued in India, Brazil, the UK, and the USA for the way they sold data in the 2010s, being fined Billions of dollars total. In July 2019 they were fined 5 Billion in a 3 to 2 vote by the FTC and they're in the process of a 20 year settlement plan.
Meta also has a proposed trial date for December against the FTC and 46 states after their supposedly unlawful and aggressive mergers to acquire WhatsApp and Instagram, called Federal Trade Commission v. Meta Platforms, Inc. (formerly Federal Trade Commission v. Facebook, Inc.). The Mergers are why their evaluation keeps rising.
At the very least, Google and Facebook have to step back if caught. Meanwhile, Chinese companies often don't care about EU privacy laws. Still avoid them altogether, any way.
Do they? They've been caught BIG TIME, and META stock price is at an ATH!
Living like a street criminal for a decade sure puts international politics in perspective, because you can just see straight through the bullshit. It's just bigger numbers, but the principles and human behavior stays 100% the same.
Meta was sued in India, Brazil, the UK, and the USA for the way they sold data in the 2010s, being fined Billions of dollars total. In July 2019 they were fined 5 Billion in a 3 to 2 vote by the FTC and they're in the process of a 20 year settlement plan.
Meta also has a proposed trial date for December against the FTC and 46 states after their supposedly unlawful and aggressive mergers to acquire WhatsApp and Instagram, called Federal Trade Commission v. Meta Platforms, Inc. (formerly Federal Trade Commission v. Facebook, Inc.). The Mergers are why their evaluation keeps rising.