@deannapizzuti Oh no, another stern letter? Gee whiz, whatever will he do?
@LouisIngenthron @deannapizzuti failure to comply with the directive can result in a fine of up to 6% of annual worldwide turnover. They can levy a fine of millions if he ignores that letter.
@SteveCooke @LouisIngenthron @deannapizzuti
2 weeks of Twitters current income isn’t really much these days, if it’s in the black at all
@Chancerubbage @SteveCooke @deannapizzuti True, but regulators are slow to count, so if it's 6% of *last year's* income, then that'll probably be enough to bankrupt them, lol
@SteveCooke @LouisIngenthron @deannapizzuti
He became Grand Kahuna in November though. The entire years turnover? It started bleeding money pretty fast, even after firing everyone those last 8 weeks.
@LouisIngenthron @Chancerubbage @deannapizzuti it is indeed calculated on the previous year’s turnover.