this post was submitted on 11 Sep 2024
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Google and Apple lose their court fights against the EU and owe billions in fines (abcnews.go.com)
submitted 2 months ago by return2ozma@lemmy.world to c/technology@lemmy.world
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[–] Sprokes@jlai.lu 29 points 2 months ago

Revenue doesn't equal profit but many companies are using multiple schemes to show that they are not profitable. So we also need to check the revenue. A company can just increase the CEO salary to eat up all the profit.