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Facebook Expects to Be Fined Up to $5B by FTC Over Privacy Issues

nytimes.com

281–290 of 331 posts

Re: Facebook Expects to Be Fined Up to $5B by FTC Over Privacy Issues

#281

Why doesn't Zuck just quit? He's so rich. I would have fucked off and retired so long ago.

Because of the global power he wields which he would forfeit by quitting.

Someone might use it against him.

Re: Facebook Expects to Be Fined Up to $5B by FTC Over Privacy Issues

#282
post #139
post #128

Earlier quoted context omitted.

> Facebook isn't actively trying to harm their customers, they simply don't care about them. That is amoral not evil. Don't bend yourself out of shape. Actively, happily ignoring the evil you have caused and continue to cause is evil.

That isn't evil. You wouldn't call a hurricane or a fire evil. You wouldn't call a person who kills someone in a no fault car accident evil. Evil isn't about results. It is about intent and motive. You can call Facebook a number of things from amoral to negligent or even criminal, but once you start talking about evilness you have to start judging their intentions and motives.

> You wouldn't call a hurricane or a fire evil.

That's ridiculous, neither hurricanes nor fire possess free will. I bet you would call someone who intentionally starts those things evil, though

Re: Facebook Expects to Be Fined Up to $5B by FTC Over Privacy Issues

#283

Earlier quoted context omitted.

I'm ashamed to say that up until now, when I saw Facebook (or similar) acting evil I thought about the quote, "Never attribute to malice that which is adequately explained by stupidity". Well, fuck that and fuck me, those people are not idiots, they're criminals.

Not to contradict your overall sentiment, but people often focus on intention with these issues. I think that's wrong. Like, if someone treads dog poo into my house on their shoes, it doesn't really matter if they did it by mistake, or spent ages walking around town trying to find some dog poo to step in before coming to my house; the effect is that there is now dog poo on my carpet. We need to be more dispassionate…

Thank you for choosing such an apt metaphor. It has made the followup threads a much better read.

Re: Facebook Expects to Be Fined Up to $5B by FTC Over Privacy Issues

#284
post #275

Earlier quoted context omitted.

Repeated behavior probably has to be taken into account also, like if your friend does it 10 times - you'll want to break up that friendship. It's hardly an accident at that point anymore, but intentionally or (intentionally) carelessly done. That's where we are with Facebook I think.

Has this really where our discourse has gone? Dog poo? Break up friendships? This isn’t stupid fucking kid stuff anymore. It’s not debate club. You’re inheriting society, you have to start talking and acting like god damn adults and for once get mad when an utterly soulless corporation screws this society over and gets a god damn fine instead of jail.

Nah. You're getting too invested into it. Not much Joe Public can do methinks

Re: Facebook Expects to Be Fined Up to $5B by FTC Over Privacy Issues

#285

Earlier quoted context omitted.

Not to contradict your overall sentiment, but people often focus on intention with these issues. I think that's wrong. Like, if someone treads dog poo into my house on their shoes, it doesn't really matter if they did it by mistake, or spent ages walking around town trying to find some dog poo to step in before coming to my house; the effect is that there is now dog poo on my carpet. We need to be more dispassionate…

Inspector Javert, is that you? Going to lock me away forever for stealing bread to feed my sister's starving kids?

She can't afford bread for the kids on a FAANG salary? Silicon Valley prices have become ridiculous.

Re: Facebook Expects to Be Fined Up to $5B by FTC Over Privacy Issues

#286

> Every insider I've spoken to said any FTC fine on Facebook under $10 billion would be seen as a massive win, showing firm won't face serious consequences for privacy violations. Wall St. seems to agree in response to news of $3-$5b settlement [$FB up 4% after hours] https://twitter.com/lhfang/status/1121148735818358784

A $10 billion fine for the Cambridge Analytica "scandal" would be so far beyond reasonable as to merit criminal charges against Joseph Simons. $3 billion is already insanely ridiculously high.

This is the correct opinion.

Re: Facebook Expects to Be Fined Up to $5B by FTC Over Privacy Issues

#287
post #75
post #47

Earlier quoted context omitted.

If you're a small business - I get it, it's good to whitelist whatever information you're logging explicitly, but for smaller teams a hard to diagnose issue might lead the team to "log everything so we can sort it out later". Facebook is Facebook, whether this decision was the product of the corporation as a whole, a small dev team, or a highly paid consultant/third party, Facebook is a big enough company that they d…

I've worked for multiple Fortune 25 companies, and that excuse does not fly. Not in banking or healthcare, where breaches of privacy/confidentiality are actually illegal, rather than merely distasteful. Small teams and careless devs doing that sort of bad logging will be caught and corrected by strict security oversight. This is the sort of thing that leads the HN crowd to sneer at the old, slow ways of the enterpris…

There is no oversight in a Devops world. New systems come up in protoduction, celebrations are had, and the data protection officers and security compliance officers remain in blissful ignorance.

Re: Facebook Expects to Be Fined Up to $5B by FTC Over Privacy Issues

#288
post #284

Earlier quoted context omitted.

Has this really where our discourse has gone? Dog poo? Break up friendships? This isn’t stupid fucking kid stuff anymore. It’s not debate club. You’re inheriting society, you have to start talking and acting like god damn adults and for once get mad when an utterly soulless corporation screws this society over and gets a god damn fine instead of jail.

Nah. You're getting too invested into it. Not much Joe Public can do methinks

Getting too invested? In what, the society that surrounds each individual? I don't think that is possible.

There is a difference between empowerment ("Joe Public can't do much to change society") versus investing (literally putting money into local businesses, demanding better behavior, etc).

I have met a lot of my American peers who believe their individual liberty absolves them of responsibility to the society they live in, which is entirely opposite: their personal liberty is granted precisely because of the society they live in.

Re: Facebook Expects to Be Fined Up to $5B by FTC Over Privacy Issues

#289
post #280
post #130

Earlier quoted context omitted.

In other words, market rewards Facebook for being fined only $5 billion by increasing their market cap $20 billion. Unreal.

> by increasing their market cap $20 billion Is this actually meaningful to any company that isn't IPOing or releasing new shares? I am not pro-facebook by any means but it's not clear this means much aside from how much their investors like them, again of questionable value as the majority of votes are privately held by Zuckerberg.

Increase the value of shares and options and owned by the very people who made the mistake? Yes, increasing an individual's net worth doesn't exactly discourage future mistakes.
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