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How is 7% of that one year's revenue meaningful? Facebook could pay that every year and still be extremely lucrative. So, no, it has not been addressed.
by asadotzler 3y ago
How is 7% of that one year's revenue meaningful? Facebook could pay that every year and still be extremely lucrative. So, no, it has not been addressed.
- rchaud 3y agoThis is America, fines are how everything is addressed. Deepwater Horizon, Exxon Valdez, Facebook, you name it. We don't haul CEOs off to jail in this country.
- asadotzler 3y agoFines that are too small to change behavior are mostly worthless.
- jayveeone 3y agoWhere's the new laws protecting our data? We do more than just fine.
- rchaud 3y agoTwo of the largest American global corporations (Google/FB) would have a much smaller bottom line if there were laws prohibiting the interchange of user data for marketing purposes. There aren't any laws about that for the same reason that there aren't any laws addressing corporate tax loopholes.