Kara Swisher: ‘Put Another Zero on Facebook’s Fine’

Kara Swisher, writing at The New York Times:

How can I describe the fine of between $3 billion and $5 billion that Facebook is likely to pay to the Federal Trade Commission — which will doubtlessly be touted as its largest ever — to settle the government’s inquiry into what the social networking giant called “our platform and user data practices”?

How about: It’s a parking ticket. Not a speeding ticket. Not a DUI — or a DUI(P), data under the influence of Putin. A parking ticket.


Friday, 26 April 2019