Google Gets Biggest Fine in FTC History Today.

scorpion896

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Google has been sued and forced to pay $22.5M for putting advertising cookies in "Safari" despite the browser's privacy settings.


The Journal also goes on to say that google makes this amount in about 5 hours.


More here:
http://www.webpronews.com/google-to-get-biggest-fine-in-ftc-history-2012-07?utm_source=Search_sidebar
 
"Big G " cookie stuffing ? Say it aint so !

P.S
About google making that much in 5 minutes , I'd have to call BS . I know google banks but 22.5M is a little far fetched .
 
The fine is small compared to what they probably made off the safari exploit.

22.5 million for a fine is nothing when they probably made billions off the exploit. It's like tipping your waiter. To really punish Google, they should have fined them all the revenue they made off the exploit and the 22.5 million.
 
I have to say that is one steep fine! I am sure they are going to hang it all up over that!!!

Interesting quote from WSJ, "... It offers the latest sign of the FTC's stepped-up approach to policing online privacy violations, coming just six months after The Wall Street Journal reported on Google's practices." I wonder if there will be more.
 
"Big G " cookie stuffing ? Say it aint so !

P.S
About google making that much in 5 minutes , I'd have to call BS . I know google banks but 22.5M is a little far fetched .

5 hours not 5 minutes.
 
About a month after the story broke, Google reportedly said, "It's important to remember that we didn't anticipate this would happen, and we have been removing these advertising cookies from Safari browsers."

"Oops! We accidentally made millions of dollars." DANG!

At some point I might publish a book on the subject, asserting the notion that behavioral standards corporations are held to ought to be different than those for "people". One component of this is that the basis for all punishments for Corporations is to first make certain that all violations are unprofitable. For younger Members, and those that do not know, Corporations analyze all business decisions in terms of risk and profit by means of actuarial analysis.

http://en.wikipedia.org/wiki/Actuarial_science

One example of this is the Ford Pinto "Fuel Tank Controversy" where the Ford Motor Corporation made the business decision that it was more profitable to absorb the costs of lawsuits from people dying due to faulty design, than to pay for a design change and save lives.

http://en.wikipedia.org/wiki/Ford_Pinto#Fuel_tank_controversy

I keep anecdotal examples of cases like this fresh in my mind at all times, for use when someone starts saying something stupid like "Google just wants good-quality content and blackhat methods are (morally) wrong." Google is a corporation, is capable of absolutely anything, and should never be used as a personal example to follow. The Sony Rootkit Scandal is another example:

http://en.wikipedia.org/wiki/Sony_BMG_copy_protection_rootkit_scandal
 
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"Oops! We accidentally made millions of dollars." DANG!

At some point I might publish a book on the subject, asserting the notion that behavioral standards corporations are held to ought to be different than those for "people". One component of this is that the basis for all punishments for Corporations is first to make certain all violations unprofitable. For younger Members, and those that do not know, Corporations analyze all business decisions in terms of risk and profit by means of actuarial analysis.

http://en.wikipedia.org/wiki/Actuarial_science

One example of this is the Ford Pinto "Fuel Tank Controversy" where the Ford Motor Corporation made the business decision that it was more profitable to absorb the costs of lawsuits from people dying due to faulty design, than to pay for a design change and save lives.

http://en.wikipedia.org/wiki/Ford_Pinto#Fuel_tank_controversy

I keep anecdotal examples of cases like this fresh in my mind at all times, for use when someone starts saying something stupid like "Google just wants good-quality content and blackhat methods are (morally) wrong." Google is a corporation, is capable of absolutely anything, and should never be used as a personal example to follow. The Sony Rootkit Scandal is another example:

http://en.wikipedia.org/wiki/Sony_BMG_copy_protection_rootkit_scandal



Wow . . . . interesting read . You bring up a good point . Corporations don't give a fuck about public interest , their main goal is to make money despite what the public wants to believe .
 
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