Bluesky said it’s working to comply with European Union rules after the bloc accused the fast-growing social media platform of flouting its digital regulations.
Dont sell anything, yet. I’m sure they will a start selling things sooner or later, seeing as it’s not a charity, and its platform is expensive to run.
That 6% is the gross of sales, not revenues as well. It can work out to a company’s entire profit margin. Its an incredibly serious fine you dont want trained on you at any point.
That 6% is the gross of sales, not revenues as well.
I think you mean “that’s 6% of revenue, not profit”. Revenue is gross income before expenses and other tax deductions. Sales is the part of revenue generated by selling products and services, as opposed to interest and investment proceeds. Profit is revenue minus expenses and tax deductions and is where corporations often cheat.
Dont sell anything, yet. I’m sure they will a start selling things sooner or later, seeing as it’s not a charity, and its platform is expensive to run.
That 6% is the gross of sales, not revenues as well. It can work out to a company’s entire profit margin. Its an incredibly serious fine you dont want trained on you at any point.
They have already stated they’ll do a premium subscription
I think you mean “that’s 6% of revenue, not profit”. Revenue is gross income before expenses and other tax deductions. Sales is the part of revenue generated by selling products and services, as opposed to interest and investment proceeds. Profit is revenue minus expenses and tax deductions and is where corporations often cheat.