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Facebook will pay an unprecedented $5 billion penalty over privacy breaches

Discussion in 'BlackHat Lounge' started by rexstacy, Jul 24, 2019.

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  1. rexstacy

    rexstacy Regular Member

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    https://edition.cnn.com/2019/07/24/tech/facebook-ftc-settlement/index.html

    If spammers and account hackers were complaining before that it was almost impossible to make money on Facebook/Instagram now they will just leave the game once facebook start thightening everything even more.

    On the bright side less spammers dropping because "nothing works anymore" ain't that bad at all LOL.
     
  2. ShadeDream

    ShadeDream BANNED BANNED

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    Month worth of revenue? LOL

    Look at the picture of Mark in that article, his eyes don't look real and he somehow looks zoned out as fuck.
     
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  3. rexstacy

    rexstacy Regular Member

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    Well they reported earning over 15 Billions for the first quarter.

    The scary part for them is that if that the 5 Billion is in USA.

    Now do you imagine how much could it be if Europe lawmakers decide to go after them :anyway::anyway::anyway:
     
  4. ShadeDream

    ShadeDream BANNED BANNED

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    What I want to know is what will happen to this 5 Billion if they ever get paid because I highly doubt it's going to be used in a productive way towards raising privacy awareness among Internet users.

    These fines / taxes are always bullshit. In the UK they make vehicle drivers pay extra tax for vehicles that they don't deem to cause low emissions, there's also congestion charge in London. Now I wonder where all this money goes because I highly doubt that they are using it to tackle global warming or do they call it climate change these days?