News for hackers. Stuff that matters.

A comment on If a $5B Fine Is Chump Change, How Do You Punish Facebook?. Parent comment

Re:If a $5B Fine Is Chump Change, How Do You Punish Facebook? by aeturnum on Saturday April 27, 2019 @12:46PM (#19766390)
But like...why would bankruptcy do that? The servers aren't worth that much. Their contents are worth more secret! The secrecy of their data is how Facebook makes money.

If the company that operates those servers gets shut down, I don't see how the group that takes over the business (whoever it is) shuts down the servers. Maybe everyone freaks out and Facebook loses a lot of people, maybe we don't get updates for a bit. Those seem possible, probable even. But things that make money don't get taken apart in bankruptcy.

I could be wrong! But I don't know of any historic examples where things like that happen.

[ Parent | on HN ]
Re:If a $5B Fine Is Chump Change, How Do You Punish Facebook? by jazzyjackson on Saturday April 27, 2019 @02:14PM (#19766843)
Facebook did not keep user data secret, they used it as a lure to attract Farmvilles and 'Which Hogwarts House are YOU' surveys to make sure people spent more time on the platform, because having a billion people look at the website every day is how facebook makes money. Using the data they have to make sure ads are efficiently targeted is a par for the course -- but it does no harm to facebook if someone else has all my user data, if I spend all my time on facebook, facebook is the only one who makes money selling ads to me.
[ Parent | on HN ]