Re:Two senators say a $5B fine isn’t enough to punish Facebook
by oliwarner on Tuesday May 07, 2019 @05:15PM
(#19853508)
When we first heard that Facebook was putting $5bn aside for this, wasn't it clearly a deliberate tactic to steer the inevitable fine, to suggest a range?
$5bn isn't pocket money, but it's hardly a serious expense for Facebook. They've [clearly] already accounted for it. It's not punitive.
Add a couple of zeros. Facebook is repeatedly at the bleeding edge of privacy invasion, acting too late to obvious evils, letting advertisers [essentially] identify people by offering such exact filters, illegally siphoning off data... Any action needs to hit Facebook hard enough that their engineers feel it and start to consider things in what they should be doing, not what they're technically able to do to churn out more cash.
$5bn isn't pocket money, but it's hardly a serious expense for Facebook. They've [clearly] already accounted for it. It's not punitive.
Add a couple of zeros. Facebook is repeatedly at the bleeding edge of privacy invasion, acting too late to obvious evils, letting advertisers [essentially] identify people by offering such exact filters, illegally siphoning off data... Any action needs to hit Facebook hard enough that their engineers feel it and start to consider things in what they should be doing, not what they're technically able to do to churn out more cash.