3 ms·
They're being more honest. The Yahoo! security breaches combined with the takeover by Verizon mean that they're trying to transparently follow the letter of the
by wahern 8y ago
They're being more honest. The Yahoo! security breaches combined with the takeover by Verizon mean that they're trying to transparently follow the letter of the law almost to a fault.
The security breaches meant that Yahoo felt they needed to regain trust. One method of building trust is transparency and honesty. Of course, transparency doesn't work well if you're exposing behavior that is inherently untrusthworthy, but like everybody else Yahoo's bread & butter is advertisement and tracking.
This is compounded by the fact that Verizon typically works in highly regulated, anti-competitive environments where you can do whatever you want without consequence provided you strictly follow the rules. This explains Yahoo's inability to appreciate why their transparency is ill conceived; why their disclosures are so matter of fact and tone deaf.
The proper way to run a media company is "see no evil, hear no evil". Give your engineers a mandate to collect everything and anything, but don't tell management and legal the details so there's plausible deniability when people figure things out. Disclosures should be vague because (1) legal doesn't know anyhow and (2) you're only doing the minimum necessary to avoid jail time and class actions--there's no regulatory agency to worry about and very little civil liability in general.
- mirimir 8y ago> Give your engineers a mandate to collect everything and anything, but don't tell management and legal the details so there's plausible deniability when people figure things out. I've seen exactly that, sitting in at depositions of corporate defendants' management and IT staff. Nobody seemed to know the "big picture". IT staff knew what data they were managing, and how it was handled, but had no idea how it was used. Management knew business logic, but had no clue how to interpret data that they'd given to plaintiffs.