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They had to pay about $375 million. That's a lot of money, but I suspect that Facebook has made considerably more than that on targeting children. I'm hardly t
by tombert 7mo ago
They had to pay about $375 million. That's a lot of money, but I suspect that Facebook has made considerably more than that on targeting children.
I'm hardly the first person to use this logic, but if they make more money breaking the law than they have to pay in fines, then it's not a fine, it's a business expense.
- conductr 7mo agoAgree with your take. However, to put more perspective on the amount I think you have to consider this is just in New Mexico so the per capita fine is actually quite large and (big) if it were applied similarly nationally or globally it could be a significant impact to their business forcing some change.
- ryandrake 7mo agoProportionally, it's as if an individual who makes $60K/yr got a speeding fine of $375. Kind of a drop in the bucket.
- tombert 7mo agoEspecially if they were making $4,000 from street racing.