Fining companies that commit a crime a small portion of the money they gained by committing that crime is not progress, that is the problem here. Meta still made more money, after the fine, than if they had not perpetrated the crime. This is more of the status quo, which is why people are complaining about this the same as they had about the previous million times this same thing happened.
Putting this in fixed-width for scale:
This ruling: 375,000,000 Meta valuation: 1,618,000,000,000This isn’t even a slap on the wrist; it’s a fucking rounding error.
Phrased in another way, it’s equivalent to if you had $1,618 in the bank and were fined $0.30.
Super small compared to their income, but a GREAT reason to make all the users age validate.
I knew this would be the top comment. All progress must be mercilessly attacked.
Nah, this is a practice in America. John Oliver did an episode on it but I can’t remember for the life of me what the main topic was.
Fining companies that commit a crime a small portion of the money they gained by committing that crime is not progress, that is the problem here. Meta still made more money, after the fine, than if they had not perpetrated the crime. This is more of the status quo, which is why people are complaining about this the same as they had about the previous million times this same thing happened.