Facebook hit with $5 billion fine by the US FTC for privacy violations
- Z
- Zeldoris
- 2Au
- 29 Jul 2019
It would be greater if the affected users will be compensated since they were blind about this issue. And it's a confidential information so it would be super fair for such action.
- ?
- Anonymous
- IbE
- 26 Jul 2019
Nitheesh, 25 Jul 2019Govt agency collect fine from all the companies ... Right ?... moreThe gov invests money in Education and Police to control its people behavior.
- ?
- Anonymous
- IbE
- 26 Jul 2019
NipponFan, 25 Jul 20195 billion is like 5 USD for us aka nothing Not really, it is the first big fine to then, others see it works, then next come till Zuchy sells his home to pay the last big fine.
- w
- watDF
- 2Au
- 26 Jul 2019
the states got the money???
but who are the victims????
should be given to all people have account in FB... I recommend free 1 yr unlimited subscription usage for FB ^_^
- ?
- Anonymous
- j1e
- 25 Jul 2019
Only 5 billion?
HIT THEM HARDER!
- c
- cryptogen
- 0FV
- 25 Jul 2019
Facebook fine with $5 billion for privacy violations what a fking joke. Yet the people who's details have been effected you dont see them getting any compensation. I think it would be fair if people who are effected should all be compensated then these BS company's making off with billions.
- C
- CompactPhones5ever
- 8uS
- 25 Jul 2019
A pathetic slap on the wrist - google "Facebook stock price" and see how it started rapidly growing after the fine was announced. Everyone expected some major repercussion but instead they got an equivalent of a parking ticket.
And it's not just about setting a dangerous precedence that big companies can get away with invading people's privacy easily, it's also yet another battle lost in the fight for privacy generally - it's slowly becoming apparent that privacy is simply disappearing and there's an absolute f*ckall we can do about it.
- M
- Maryuss
- LaF
- 25 Jul 2019
But.. But.. The user is robbed of his data and the state takes the money?!? The fine should be split for the amercan users. And all other countries should to the same for their people
- ?
- Anonymous
- 6uI
- 25 Jul 2019
Maybe give some of that money to the users, since it's our data that made them rich?
- L
- LG Superfan
- vxy
- 25 Jul 2019
"FTC shutsdown Facebook due to privacy concerns"
I am dying to read this headline
- Kangal
- RN8
- 25 Jul 2019
Facebook built "at least" 70% of their money, revenue, and business off the data from their users, which is likely to be all acquired through immoral and fraudulent practices.
This fine is 1% of their total business (probably less).
What this means is the government has little care about its people, rather than say, trying to look like they are caring and important. I guess the glass half-full viewpoint is that, this is still better than what you get with the Russian government, or even more disturbingly the Chinese government.
People should have privacy, and they should have the freedom to share their privacy on their own terms. Otherwise, systems will naturally form in order to exploit the citizens. The governments role should be to enact rules/systems to protect freedoms, not to sell them.
- ?
- Anonymous
- DkM
- 25 Jul 2019
They will never take care of privacy. It is user's mistake to think their data is safe at Facebook. Don't know how safe their 2 other major app WhatsApp & Instagram are..
- S
- Subhash Chandra Vasu
- MeP
- 25 Jul 2019
Violate the rules then pay the fine! hmm interesting. Who knows Facebook is involved in this with Cambridge analytica. People who lost the privacy shouldn’t be receiving the money?
- C
- Carol
- nUI
- 25 Jul 2019
Facebook should not be fined, should be forced to drop all tgeir privacy invasive operation, and when i say forced, i mean from today to tomorrow. Everything! If nkt, forced to close.
- N
- Nitheesh
- yp1
- 25 Jul 2019
Govt agency collect fine from all the companies ... Right ?? What they do with that ?? Whether they give it to the customers .......!!
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- Anonymous
- 7tj
- 25 Jul 2019
My question is where does that $5b go? Not to those affected of course, into the government's pockets I suppose.
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- Anonymous
- vG4
- 25 Jul 2019
Facebook must be disintegrated
- ?
- Anonymous
- kgd
- 25 Jul 2019
Who knows, maybe FB has 50 billion dollar bank reserves for fines just like this lol. They seem to be completely unaffected by all the fines they've been hit with over the last few months.
