Submitted by OutlandishnessOk2452 t3_11a7hew in technology
GoneFishing36 t1_j9qksg2 wrote
Reply to comment by Infernalism in Meta must pay $175M for patent-infringing livestreaming tech, judge says by OutlandishnessOk2452
It's $175M in the red, is already paid, they're going to eat it for fiscal year.
Btw, 0.04% of their current market cap. Penalty too low. That's like a $75k annual income, hit with a $30 fine.
uparm t1_j9s1rq0 wrote
LOL what do you think market cap is?
PoePlayerbf t1_j9szitx wrote
Market cap is akin to net worth, not their annual income. Their annual income is 4.39B. This is akin to a $75k annual income, hit with a $3000 fine.
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