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Mad Scientist
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#253096 25-Jul-2019 16:02
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For breach of privacy



https://www.cnet.com/news/facebook-lost-control-of-our-data-now-its-paying-a-record-5-billion-fine/





Involuntary autocorrect in operation on mobile device. Apologies in advance.


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  #2283564 25-Jul-2019 16:05
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Chump change for them. They got off way too easy.





Do whatever you want to do man.

  

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  #2283565 25-Jul-2019 16:06
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Just the other day someone was saying you accept breach of privacy if you signup to facebook. 

 

The US government disagrees. 


 
 
 
 


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  #2283566 25-Jul-2019 16:09
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setting a precedent.

 

with a market cap of 584B, and more importantly revenue of $16B last quarter, they can afford it.

 

 


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  #2283567 25-Jul-2019 16:10
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surfisup1000:

 

Just the other day someone was saying you accept breach of privacy if you signup to facebook. 

 

The US government disagrees. 

 

 

They at least disagree with other entities getting access to your information.   <tinfoil-hat>Who knows what they have access too.</tinfoil-hat>


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  #2283611 25-Jul-2019 16:38
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Yeah, but who gets the money? Not the folks whose info was flashed around the place.


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  #2283634 25-Jul-2019 17:29
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BlueShift:

 

Yeah, but who gets the money? Not the folks whose info was flashed around the place.

 

 

True. Every time I see news of a fine applied to one of those IT giants the first thing I think is government gets the money. Affected people get nothing...





 
 
 
 


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  #2283703 25-Jul-2019 21:35
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To me, this constitutes such a tiny amount of money, that Facebook would consider it a rounding error on their marketing budget and consider it good business to continue and pay those fines. 

 

I believe fines should start with something like that amount but second offence 10x that amount, and CEO, CFO and CTO spend a year in prison. 

 

 

 

 


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