FTC Approves About $5 Billion Fine for Facebook Over Privacy Violations
Via Billy
The FTC has voted to approve a fine of about $5 billion for Facebook over privacy violations, the Wall Street Journal reported July 12. The report cited an unnamed person familiar with the matter.
5 Billion for Zuck is merely "Chump Change". The best thing all intelligent people can do is bail out of the Social Media cyber swamp and let the primordial soup fester.
ReplyDelete5 Billion for Zuck is merely "Chump Change".
DeleteYup.
A one day cash flow for a $545 Billion a year company. Not even a speed bump. Now, arrest from the CEO and Board of Directors down 7 or 8 levels of management including all of HR, Section Managers and Division chiefs and then get convictions of Wiretapping, RICO Statues, and ongoing Conspiracy and at least 20 years in a Super Max, I might be impressed.
ReplyDeleteSounds good.
DeleteNot a particularly meaningful fine. Kind of like fining someone with $600 bucks in their pockets $5. To the commies at FarceBook it's just a small cost of doing business.
ReplyDeleteGood example.
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