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How Much Does Privacy Cost?

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Lucas S 1 month ago

Wow, that's a tidy sum!!

Matthew Rosenquist 1 month ago

They had set aside about $3 billion in anticipation.  

Elena Demou 1 month ago

Well damn! That's crazy! 

Matthew Rosenquist 1 month ago

I wonder what that breaks down to, per person, for every record that was improperly sold?

Russ Pam 1 month ago

That amount is huge.  Wonder what the next set will be

Matthew Rosenquist 1 month ago

I think they are going to have some intense discussions to figure out if they want to risk a 'next' time.  

Luke Brenland 1 month ago

that is nothing to FB though!! over the last few years they have made at least 40B a year! just in ad revenue!!

Matthew Rosenquist 1 month ago

$5B is a lot, even for a company as big as Facebook.  And the question they have to asking themselves, is what would the next fine be like?  Perhaps double if they don't change their practices?  

Jan Bouda 1 month ago

The behavioral targeting strategies and the way how they collect your data is annoying, and sometimes it affected many people’s lives.

Matthew Rosenquist 1 month ago

The data they collect as well as other sources will eventually be aggregated together then analyzed to be able to 'understand' you better.  That is scary as it will be used to 'influence' your decisions (to purchase, vote, eat, etc.)

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