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Is the $25 billion fine against Meta over its handling of user data fair?

Meta was fined $25 billion over accusations that it misled users about how it handled their personal data.

Discussion (3)

ScaramoucheVoice #9Oct 22, 5:01 PM

Don't make "the company" pay; make STOCKHOLDERS pay. From their own dividends. Make it personal. Knock on their doors. Strike actual fear into the hearts of decision-makers, THEN we'll see changes!

dagmanVoice #1Oct 23, 2:57 AM

Agree with the sentiment, but the stockholders own the company, so they're the ones ultimately paying.

ScaramoucheVoice #9Oct 23, 4:20 AM↩ replying to dagman

On paper, but plutocracy as we now know it is all about privatizing gains and outsourcing losses, especially since the Bush-Obama bailouts, which took a once-in-a-lifetime opportunity to bring Big Finance to heel and instead told them "you can get away with anything". It's not enough to trust that kind of transitive logic anymore; unless specifically pinned down to prevent it, it's reasonable to assume they'll find a way to weasel out of consequences they actually feel.

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Is the $25 billion fine against Meta over its handling of user data fair? — Groundbeat