Whoever thinks this settlement is a huge win can’t be taken seriously, ever.
Facebook has chosen to settle with the Federal Trade Commission rather than appearing in court and going through a case that could have been ugly. Mark Zuckerberg’s company will be paying $5 billion and walking away, but my message to the FTC is that settling isn’t winning,
Taking it to the court would have established important precedents, too. Facebook chose to find the largest amount to get them off the hook, for now.
You are asking me for more clarity? Ok, let me see if I can make it plain. This huge settlement by Facebook is that this changes nothing. It’s just government taking their share of the profits for helping Facebook invade privacy.
Zuckerberg and colleagues committed alleged FRAUD and should have faced criminal prosecution instead of paying a fine which to him is the equivalent of a slap on the wrist! And where does that “payoff” money go, and how is to be used?
Read: FTC sues Cambridge Analytica, settles with former CEO and app developer, alleges they deceived Facebook users about data collection: https://t.co/Y1o3eb2lqW
— FTC (@FTC) July 24, 2019
The U.S. government on Wednesday issued an unprecedented rebuke of Facebook after a year of massive privacy mishaps, charging the company deceived its users and “undermined” choices they made to protect their data as part of a settlement that requires the tech giant to pay $5 billion and submit to significant federal oversight of its business practices.
READ: Cher Calls Out Google and Facebook – Pledges to Dump Their Services
Sixteen months after opening its investigation, the Federal Trade Commission alleged that Facebook had repeatedly misled its 2.2 billion users. The agency argued that the social-networking company was not upfront about the ways app developers, advertisers and others gained access to users’ personal data — from the content they “liked” to the phone numbers they stored — in breach of Facebook’s previous promise to improve its privacy protections online.
As a result, the settlement between the FTC and Facebook includes the largest fine in U.S. history for a privacy violation, and it grants federal regulators unparalleled access to the social-networking giant’s business decisions for the next two decades — allowing regulators to scrutinize the actions of Facebook’s leaders, including chief executive Mark Zuckerberg, and its efforts to launch new products and services. [WaPo]
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“Stunning rebuke” to Facebook, from Uncle Sam: ‘Um, Mark, would you please maybe, you know, kind of try harder to pretend that you’re not misusing people’s private data, except when uncle Vladimir calls?’
“Massive, $5 billion fine:” this is the equivalent of a 50-cent upcharge for unlimited refills of a soda.
In other words, a neat little show for the masses and a clear signal to all the FAANG companies: no more pesky laws, boys. Whatever you want to do, go for it.
https://twitter.com/calomas/status/1150683837720084482
They could start by informing people when they have not set up privacy settings, meaning they are using the default settings. Most older people and kids don’t know about that so they are showing their pictures to people who are not their friends.
They should also be required to follow the new European rules of opt-out by default instead of opt-in by default.
And string any kind of geolocation information from uploaded photos.
Nothing will change. What could be an incredible worldwide asset is merely a monetary scheme using the data its users provide. Quite a conundrum for those who truly want to share about themselves with those they love and like. Greed seems to infiltrate everything at every level. I’d like to be part of it but have decided that the risk outweighs the benefits. Others clearly make the opposite decision and hopefully with no ill consequences.
Read More At WayneDupree.com
COMMIES PACHAI, ZUCKERBERG AND DORSEY SHOULD ALL BE IN PRISON……START REGULATING THESE SOCIAL ‘TERRORISTS’
Face Book sucks it needs broken up and a real American Site takes its place
I totally agree with you 100%. Years ago I signed up to have a Facebook page but I haven’t used it in over a year and don’t plan to. Like you, I have better things to do with my time. I guess I should delete my FB page.
Boycott facebook. Dissolve it. It’s a failed and corrupt organization.
I almost jumped on the bandwagon with everyone else when Facebook first started. But then I noticed what my friends were talking about, which to me, seemed trivial & a waste of time. Things like what they were going to do that day, make for dinner, talks with their kids, etc. I figured I had better ways to spend my time, & frankly— wasn’t interested in the daily itineraries of my friends, & especially people I didn’t even know. Then as things progressed and new forms of social media evolved, I became more knowledgable and aware of some problems that were developing. Things like girls posting provocative pics & wishing they hadn’t, people looking for work whose Facebook postings were now haunting them, & other such foreseeable events that they didn’t think about. And as things have gotten more transparent due to the skills of hackers & cyber-criminals, I’m even more glad than ever that I never “took the plunge.” Especially now that issues like censorship of controversial issues and conversations are coming into play. But the number 1 reason to stay away from social media is whatever you post will be there forever. And the thought of creeps like Zuckerberg having control of my life in any way is enough for me to stay away forever!
I got a great idea for the next thing to go after FB for. Their anti-America, Anti-conservative, Anti-Trump “spin” on blocking people who print the truth. As an example, Illegal (criminal) aliens, who violate our immigration policy and enter the USA NOT at a port of entry. (can you say invader?) Thus Criminal invader is a precise definition of what an Illegal alien is.
5 billion is split milk to Zuckerberg. He wants to control everything and everyone. He should be facing a firing squad for Treason!
Zuck is involved in the Epstein debacle. This cat just can’t seem to do the right thing. Facebook will so be in another lawsuit.
Facebook , Twitter etc… are pro terrorism and hardcore anti American they’re NEVER EVER to be trusted .
Zuck is very close with Soros as is Dorsey , they will continue to say” trust us” and promise the world DON’T DO IT .
ZuckFace is the poster boy for lying. Consider how he came to take over Facebook in the first place. This guy is a total. His fine should be $10BN. And it is HIS fine. This twit makes all the decisions at FaceFarce.