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this post was submitted on 17 Aug 2023
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Privacy
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A place to discuss privacy and freedom in the digital world.
Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
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They make $1.4B per day. This is basically just a cheap subscription for them
I think the 2 points the article makes about that are pretty valid though. It's most probably more than Facebook's revenue in this single country plus it's just the beginning.
It must be nice to live in a country that actively protects its people.
I would love for the EU to just go all-out hardcore privacy protection and fine GAFAM et al. into fucking oblivion for not complying. If they shut down services, that's probably for the better, although it will be a rough awakening for most people (probably including myself)
GAFAM?
Google Amazon Facebook Apple Microsoft 👉 big tech
Just a guess:
Google
Amazon
Facebook
Apple
Microsoft
Aka facegoomicrappama https://www.youtube.com/watch?v=2tQzCqkIQ60
Here is an alternative Piped link(s): https://piped.video/watch?v=2tQzCqkIQ60
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I'm open-source, check me out at GitHub.
The big 5 tech: Google, Apple, Facebook, Amazon, Microsoft
There's a few other acronyms for the same, this is the one I remember most often
Protectionism🤮
Protecting people is good, actually
But Freely Trading people is bet-
Wait a second.
Companies operate at a loss in certain markets all the time in order to keep competition out. Even if they're not profitable in Norway, they don't want a Norwegian social network muscling in on their territory.
"Competition is for losers." - Peter Thiel, first investor in Facebook and mentor of Mark Zuckerberg