Why the record 390 million euro fine imposed on Meta calls into question its business model
This decision could ultimately overhaul the entire economic model that underpins Meta. Targeted advertising actually represented nearly 98% of the group’s revenue in 2021, which amounts to $118 billion in 2021, and its ambitions in the metaverse today are a decline in overall revenue. Privatlivsforeningen Noyb, which has brought the three cases to court, welcomes … Read more