The jury also found Facebook misled the public about investigations into third-party app developers that harvest user data following the Cambridge Analytica scandal.
Not really. This is a lawsuit about the whole Cambridge Analytica scandal back in 2016. While the penalties could technically be up to $200 Billion… they won’t actually be anywhere near that high.
Back in August, they settled another multi-state lawsuit for the same stuff… for $18 Billion. And that was for settling with 48 states. New Mexico and Florida were the only two states not included in that lawsuit. There’s no way in hell the punishment will be anywhere near $200 Billion for the same actions in a single state.
The only other state that could continue going after them for these actions is Florida since the other 48 states all settled.
So this issue is effectively over, and it fizzled out with a slap on the wrist as everyone expected because we don’t actually punish large companies in this country.
Normally I’d agree, but if one of the more populated states fined meta at this rate it’d be a corporate death penalty
For context - New Mexico has a population of 2,124,222, making it the 36th most populated state in the country.
That’s under 1% of the country. California has 39,355,309… No company currently in existence could survive a 4 trillion dollar fine
This is huge… if it goes through
If 43 million violations of the law aren’t enough to shut something down, what is?
Good. Facebook should be shut down and liquidated.
Rip the fucking bandaid off.
Not really. This is a lawsuit about the whole Cambridge Analytica scandal back in 2016. While the penalties could technically be up to $200 Billion… they won’t actually be anywhere near that high.
Back in August, they settled another multi-state lawsuit for the same stuff… for $18 Billion. And that was for settling with 48 states. New Mexico and Florida were the only two states not included in that lawsuit. There’s no way in hell the punishment will be anywhere near $200 Billion for the same actions in a single state.
The only other state that could continue going after them for these actions is Florida since the other 48 states all settled.
So this issue is effectively over, and it fizzled out with a slap on the wrist as everyone expected because we don’t actually punish large companies in this country.
fuck around and find out. it might make other corporations think twice before breaking law