Facebook: Fine and a Reminder of Ozymandius?
July 13, 2019
I just wanted to document that Facebook will have to pay a fine. Well. allegedly. On the other hand, the rumored penalty evokes the trunkless legs of stone. Ozymandius time in Silicon Valley. For details, navigate to “Facebook Reportedly Fined $5B over Cambridge Analytica Fiasco.” No high flier wants to wear a t shirt with the word “fiasco” stenciled in red. Perhaps if it were paired with the Nike Betsy Ross shoes and “fiasco” spelled “phiasco”, the label could be trendy. The t shirt would collect likes like a hamburger gathers flies at a picnic on a 90 degree day in Mountain View. I noted this statement in the write up:
The FTC approved the settlement in a 3-to-2 vote with Republican commissioners in favor and Democrats opposing, according to Wall Street Journal sources. The arrangement and further details have yet to be confirmed publicly, and any agreement will still have to be reviewed by the Department of Justice.
Yep, some money, just a bit tardy.
Stephen E Arnold, July 13, 2019
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