Nemeski@lemm.ee to Technology@lemmy.worldEnglish · 2 months agoMeta fined $102 million for storing passwords in plain textwww.engadget.comexternal-linkmessage-square79fedilinkarrow-up11.1Karrow-down13
arrow-up11.09Karrow-down1external-linkMeta fined $102 million for storing passwords in plain textwww.engadget.comNemeski@lemm.ee to Technology@lemmy.worldEnglish · 2 months agomessage-square79fedilink
minus-squareSundial@lemm.eelinkfedilinkEnglisharrow-up207arrow-down1·2 months agoMeta’s revenue is in the tens of billions. This fine isn’t even a rounding error for them. This isn’t something that should be taken so lightly.
minus-squareCoasting0942@reddthat.comlinkfedilinkEnglisharrow-up55arrow-down2·2 months agoHave you seen IT budgets? Some vice-president of technology is going to be pissed his numbers look bad compared to his peers during their weekly numbers measuring contest.
minus-squarecurbstickle@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up23arrow-down1·2 months agoIts about $2.6 billion per week in revenue, even by the weekly numbers its not an impact (based on ~$135b in revenue for 2023, according to financial disclosure reports)
minus-squareFredselfish@lemmy.worldlinkfedilinkEnglisharrow-up22·2 months agoYeah that was just a cost of business. Zuck probably pulled that from under his couch.
Meta’s revenue is in the tens of billions. This fine isn’t even a rounding error for them. This isn’t something that should be taken so lightly.
Have you seen IT budgets? Some vice-president of technology is going to be pissed his numbers look bad compared to his peers during their weekly numbers measuring contest.
Its about $2.6 billion per week in revenue, even by the weekly numbers its not an impact
(based on ~$135b in revenue for 2023, according to financial disclosure reports)
😱
Yeah that was just a cost of business. Zuck probably pulled that from under his couch.