This is a most excellent place for technology news and articles.
While these fines may seem exorbitant, it is worrying that the financial impact of such punishments rarely acts as a deterrent to these large technology companies, whose market capitalisation runs into the hundreds of billions of dollars.
Yeah. We need the equivalent of the giant "stop work" stickers that get plastered on a building's front door when construction doesn't have a permit. Otherwise it's just another operating cost to pass along to VCs/users.
We need a corporate death penalty. Full stop.
Well, where is my part of the $3.5bn? I am not getting anything for my data.
There really needs to be criminal charges and prison time for Boards of Directors. Fines are a bullshit illusion of justice.
Who gets the money from these "fines"? Not the people who had their shit plagiarized
I mean that's how fines work, yes. You want something, you'll have to sue.
while these fines may seem exorbitant
They don't. Add a couple zeros and you're approaching what will be a meaningful punishment.
Fines are just another word for "legal if you're rich"
Even at $3.5 billion, "slapped" is an appropriate characterization 'cause all they hit was the wrist.
Why not prison immediately?
Immaterial punishment.
More please. How about a cool trillion?
