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This is less than cost of compliance.
by yellow_lead 4y ago
This is less than cost of compliance.
- colechristensen 4y ago> “The amount of the fine was decided regarding the breaches identified, the number of people concerned, but also taking into account the efforts made by the company throughout the procedure to reach compliance and the fact that its business model is not based on the exploitation of personal data,” the regulator said.
- nerdponx 4y ago> the fact that its business model is not based on the exploitation of personal data Is it? I suppose you can take their turning down of Microsoft as a token of good faith, but it's also possible that they just think they can cash out for more in the future. If that's the case, then accumulating a massive user dataset is very much the business model, because the business model is to eventually sell the company for as much as possible.
- adesanmi 4y agoIsn’t Discord’s primary monetisation strategy Nitro?
- ldh0011 4y agoNot that I trust discord for sensitive communications but I'm personally quite happy to pay $ for my animated emojis and increased upload limit instead of them monetizing my info.
- nerdponx 4y agoMy problem is that paying for the emojis doesn't actually stop them from monetizing your info.
- lzooz 4y ago>its business model is not based on the exploitation of personal data Absolutely not arbitrary at all :')
- KennyBlanken 4y ago> its business model is not based on the exploitation of personal data, That's strange, given the software's functionality includes showing friends and people in servers you're in what games you're playing, for how long, and even what game mode and so on. There's zero chance they're not monetizing that in some fashion. Almost certainly in aggregate, but I'd be shocked if they aren't doing non-aggregate data sharing behind some very tightly closed doors. Also, just an fyi that tencent has heavily invested in Discord - though the exact amount is unknown.
- viraptor 4y agoThat doesn't quite hold for gdpr fines. It's a fine + you're going to comply, or we'll start stacking more fines. By definition this is a fine on top of the cost of compliance.
- mrits 4y agoThere are a lot of different ways to measure this. You could look at this as renting time for non-compliance. What they were able to work on by kicking this can down the road I don't know.
- Wobble4978 4y ago"You could look at this as renting time for non-compliance. " How is this "time" and not "infringements" from your view?