CollegeHumor shuts down

Re:CollegeHumor shuts down by tombert on Wednesday January 15, 2020 @11:11AM (#22055445)

Maybe this has already happened, but wouldn't this be grounds for a lawsuit? If businesses are going bankrupt because of outright lies or negligence on a company's part, I would think you have grounds for damages and class-action lawsuit.

I'm speaking out of my butt here, I'm not a lawyer.

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Re:CollegeHumor shuts down by ceejayoz on Wednesday January 15, 2020 @11:13AM (#22055461)

They got a tiny slap on the wrist. $40M.

https://www.hollywoodreporter.com/thr-esq/facebook-pay-40-mi...

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Re:CollegeHumor shuts down by tombert on Wednesday January 15, 2020 @11:17AM (#22055512)

Thanks!

This is kind of depressing; I suspect that $40 million is barely a blip in Facebook's advertising budget, so the sad part is that this probably had almost-literally no effect on them.

I guess it's not a new thing for corporations to own the world, but it's always sad when I'm reminded of it.

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Re:CollegeHumor shuts down by caseysoftware on Wednesday January 15, 2020 @11:28AM (#22055600)

To put that in perspective..

In Q3 2019, Facebook had nearly $18B in revenue. Therefore, $40M is about 5 hours of their revenue.

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Re:CollegeHumor shuts down by spamizbad on Wednesday January 15, 2020 @03:34PM (#22058187)

Crazy. That would be like an average American household getting fined $150 (63000/40/52)... so a speeding ticket basically.

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Re:CollegeHumor shuts down by sixtypoundhound on Wednesday January 15, 2020 @11:30AM (#22055625)

That is what is politely referred to as a "cost of doing business"....

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