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F.T.C. Approves Facebook Fine of About $5 Billion
The Federal Trade Commission has approved a fine of roughly $5 billion against Facebook for mishandling users' personal information, according to three people briefed on the vote, in what would be a landmark settlement that signals a newly aggressive stance by regulators toward the country's most powerful technology companies.
The much-anticipated settlement still needs final approval in the coming weeks from the Justice Department, which rarely rejects settlements reached by the agency. It would be the biggest fine by far levied by the federal government against a technology company, easily eclipsing the $22 million imposed on Google in 2012. The size of the penalty underscored the rising frustration among Washington officials with how Silicon Valley giants collect, store and use people's information.
It would also represent one of the most aggressive regulatory actions by the Trump administration, and a sign of the government's willingness to punish one of the country's biggest and most powerful companies. President Trump has dialed back regulations in many industries, but the Facebook settlement sets a new bar for privacy enforcement by United States officials, who have brought few cases against large technology companies.
Also at Reuters, CNBC, The Verge, MarketWatch, and CNN.
(Score: 1) by jmichaelhudsondotnet on Sunday July 14 2019, @12:03PM (4 children)
I am going to argue for the arrest of mark zuckerberg for espionage against every human being on planet earth.
I support taking away all of his money and imprisoning him without parole for life.
Americans, at least, have a RIGHT to privacy, and unless you want to argue that everything done on computers is inherently public or that messages labelled private are using a different meaning of the word private.
But it turns out, a lot of people want to make this point.
I bet if you saw for one minute the view they are seeing at cambridge anashitica type corporations, how they are mapping out every single subculture and micro-movement, and every statement of people with known higher intelligence, and how they manage this in real time amplifying their friends and poisoning wells of debate, you would want to burn it all with fire.
That is what the word 'graph' on the cult symbol on zuckerberg's hoodies means. If you have not seen the cult symbols on his hoodie, you need to really look that up.
It is espionage. That what snowden and assange and manning have done is considered espionage but not what zuckerberg does, is perhaps the most torture ever inflicted on the english language.
I swear its like people are hypnotized by wealth. We did the work, the computers did the work, he just did the usual work of suits, take a good idea and ruin it for a quick cash out. It just turns out in this case, there is a network effect which amplifies the damage to a point at which it is difficulit for anyone to fathom. But we should try, and bring charges.
In this case, it threatens the entire species with extinction because it enabled militaristic anti-science fanatics to take hold of power.
Arrest him. Take it all.
Someone try to convince me I'm wrong. What would Atticus Finch say about Mark Zuckerberg's?
(Score: 1) by khallow on Monday July 15 2019, @04:20AM (3 children)
So a big part of your proof that he's committed illegal acts against mankind worthy of execution is that he has a dopey Illuminati-like symbol on his hoodie?
No, it's a funny symbol on a hoodie.
More than you did, let us note.
Like you, I am upset that the Russians kept Gary Johnson from becoming our first freedom-loving president. Killing Zuck will make that all better.
Wrong? You're not even wrong. For example:
If you're doing it on Facebook, it's inherently public. Duh.
No, you'd want them to sell that snake oil to as many corrupt businesses and politicians as possible. The disease is the cure.
(Score: 0) by jmichaelhudsondotnet on Monday July 15 2019, @07:21PM (2 children)
You are probably aware of this already, so you should know that your comment is incoherent.
(Score: 1) by khallow on Tuesday July 16 2019, @09:58AM (1 child)
(Score: 1) by jmichaelhudsondotnet on Tuesday July 16 2019, @06:59PM
I know what you're doing, it won't work.
But thank you for identifying yourself.