TikTok fined $600 million for China data transfers that broke EU privacy rules (apnews.com)
from RandAlThor@lemmy.ca to technology@lemmy.world on 02 May 16:54
https://lemmy.ca/post/43279912

#technology

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themeatbridge@lemmy.world on 02 May 17:39 next collapse

That just seems like the EU sold a bunch of data to China for $600 million.

themurphy@lemmy.ml on 02 May 19:30 collapse

But only as it seems.

EU fines is a ladder system. First offence it can be around the 600m. Next one is % of their income worldwide (not profit).

Should they hit hard on the first offence? Maybe, but getting the first strike is not fun either with how this system works.

Landless2029@lemmy.world on 03 May 00:26 collapse

We’ve needed a ladder fine system like this in the states for decades.

Here companies break the law and pay if caught as the cost of doing business.

themurphy@lemmy.ml on 03 May 09:29 collapse

Random question, as Im guessing you are from the states.

How impossible is it actually in pratice to vote in other parties than Democrats and Republicans?

Asking because it seems like you got a hard time changing things, if theres no competition in politics.

overload@sopuli.xyz on 03 May 10:04 collapse

Look up Al Gore vs George Bush Jr. in 2000. The lack of a preferential voting system meant that Bush won Florida (and thus the election as a whole) because votes were split on Gore and a left-leaning independent, leaving Bush with the most votes (despite all the greens voters almost certainly wanting Gore over Bush).

zqps@sh.itjust.works on 03 May 10:35 collapse
3aqn5k6ryk@lemmy.world on 02 May 18:46 next collapse

Cost of doing business.

kameecoding@lemmy.world on 03 May 02:47 next collapse

ITT: americans being dismissive even though the EU is the only thing actually punishing their shitty megacorps for stepping out of line with fines in the billions

pinball_wizard@lemmy.zip on 03 May 03:48 collapse

Wow. Sometimes data breaches come from the companies we most expect them from.

If I told myself five years ago about this, I bet they would nod slightly in total lack of surprise.