▲ 809 ▼ Meta Buried Research Linking Instagram To Teen Harm While Facing $1.4 Trillion Penalty That Could Erase Its Entire Worth (www.ibtimes.co.uk) submitted 3 months ago by madeindex@lemmy.world to c/technology@lemmy.world 60 comments fedilink hide all child comments cross-posted from: https://lemmy.world/post/49222005 Classic move ;)
[+] Marshezezz@lemmy.blahaj.zone 30 points 3 months ago* (last edited 2 months ago) (5 children) [deleted] permalink fedilink source hideshow 5 child comments replies: [–] ParlimentOfDoom@piefed.zip 5 points 3 months ago (4 children) Subsidies for what? Those fines are like 3/4 of their market cap, there's zero way to pay that and remain an existing company. permalink fedilink source parent hideshow 4 child comments replies: [–] Senal@programming.dev 5 points 3 months ago (2 children) ** The banking industry, hiding in the corner looking sheepish ** permalink fedilink source parent hideshow 2 child comments replies: [–] ParlimentOfDoom@piefed.zip 2 points 3 months ago (1 child) That would be an egregiously stupid loan to make for any bank. These fines are from only 3 states. If they actually succeed, more states are going to line up to collect their pound of flesh. Giving the company a lifeline would only allow more debt to pile up, with zero expectation of return permalink fedilink source parent hideshow 1 child comment replies: [–] Senal@programming.dev 13 points 3 months ago I meant the banking industry over leveraging themselves into extinction and then walking it off because if subsidies and bailouts permalink fedilink source parent [–] Tollana1234567@lemmy.today 1 point 3 months ago i doub tthey get fined that much. but they are important to keeping boomers in the right wing spheres by peddling propaganda. permalink fedilink source parent
[–] ParlimentOfDoom@piefed.zip 5 points 3 months ago (4 children) Subsidies for what? Those fines are like 3/4 of their market cap, there's zero way to pay that and remain an existing company. permalink fedilink source parent hideshow 4 child comments replies: [–] Senal@programming.dev 5 points 3 months ago (2 children) ** The banking industry, hiding in the corner looking sheepish ** permalink fedilink source parent hideshow 2 child comments replies: [–] ParlimentOfDoom@piefed.zip 2 points 3 months ago (1 child) That would be an egregiously stupid loan to make for any bank. These fines are from only 3 states. If they actually succeed, more states are going to line up to collect their pound of flesh. Giving the company a lifeline would only allow more debt to pile up, with zero expectation of return permalink fedilink source parent hideshow 1 child comment replies: [–] Senal@programming.dev 13 points 3 months ago I meant the banking industry over leveraging themselves into extinction and then walking it off because if subsidies and bailouts permalink fedilink source parent [–] Tollana1234567@lemmy.today 1 point 3 months ago i doub tthey get fined that much. but they are important to keeping boomers in the right wing spheres by peddling propaganda. permalink fedilink source parent
[–] Senal@programming.dev 5 points 3 months ago (2 children) ** The banking industry, hiding in the corner looking sheepish ** permalink fedilink source parent hideshow 2 child comments replies: [–] ParlimentOfDoom@piefed.zip 2 points 3 months ago (1 child) That would be an egregiously stupid loan to make for any bank. These fines are from only 3 states. If they actually succeed, more states are going to line up to collect their pound of flesh. Giving the company a lifeline would only allow more debt to pile up, with zero expectation of return permalink fedilink source parent hideshow 1 child comment replies: [–] Senal@programming.dev 13 points 3 months ago I meant the banking industry over leveraging themselves into extinction and then walking it off because if subsidies and bailouts permalink fedilink source parent
[–] ParlimentOfDoom@piefed.zip 2 points 3 months ago (1 child) That would be an egregiously stupid loan to make for any bank. These fines are from only 3 states. If they actually succeed, more states are going to line up to collect their pound of flesh. Giving the company a lifeline would only allow more debt to pile up, with zero expectation of return permalink fedilink source parent hideshow 1 child comment replies: [–] Senal@programming.dev 13 points 3 months ago I meant the banking industry over leveraging themselves into extinction and then walking it off because if subsidies and bailouts permalink fedilink source parent
[–] Senal@programming.dev 13 points 3 months ago I meant the banking industry over leveraging themselves into extinction and then walking it off because if subsidies and bailouts permalink fedilink source parent
[–] Tollana1234567@lemmy.today 1 point 3 months ago i doub tthey get fined that much. but they are important to keeping boomers in the right wing spheres by peddling propaganda. permalink fedilink source parent