Meta fights Ofcom over how many billions count as billions
ID: a5d2d81a-9837-5412-b192-2b879541a9f4
STIX ID: report--a5d2d81a-9837-5412-b192-2b879541a9f4
Feed Name: The Register (Security)
Meta has initiated a judicial review against Ofcom challenging the regulator's method for calculating 'qualifying worldwide revenue' used to set fees and potential fines under the UK's Online Safety Act; Meta argues Ofcom should base fees on UK-specific revenue and assess services separately, while Ofcom says its definition follows the law and will defend its approach.
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