Thanks to my friend Bill Shepherd, I’ve now subscribed to The Ad Contrarian newsletter. Bob Hoffman is one of the few who gets it when it comes to how insignificant the FTC’s Facebook fine is.
Five (American) billion (American) dollars sounds like a lot to you and me, but considering Facebook’s stock rose on the news, they’ve more than covered the fine on the rise alone.
Bob writes: ‘The travesty of this settlement guarantees that no tech company CEO will take consumer privacy or data security seriously. Nothing will change till someone either has to pay personally or go to jail. Paying insignificant fines with corporate money is now an officially established cost of doing business in techland andâwho knows?âa jolly good way to boost share prices.’
There’s something very messed up about this scenario, particularly as some of the US’s authorities are constantly being shown up by the EU (over Google’s monopoly actions) and the UK’s Damian Collins, MP (over the questions being asked of Facebookâunlike US politicians’, his aren’t toothless).
The US SEC, meanwhile, has released its report on Facebook, showing that Facebook knew what was happening with Cambridge Analytica in 2015â16, and that the company willingly sold user data to the firm. SEC’s Stephanie Avakian noted, ‘As alleged in our complaint, Facebook presented the risk of misuse of user data as hypothetical when they knew user data had in fact been misused.’ You can read the entire action as filed by the SEC here.
Woah this was 12 days before US elections. Facebook employees knew stuff was going on but their DC office appears to have frozen them. Consumers were deceived and harmed through their personal data likely in order to protect Facebook's reputation and share price. pic.twitter.com/rTpSYptVPG
As I have been hashtagging, #Facebooklies. This is standard practice for the firm, as has been evidenced countless times for over a decade. The settlement: US$100 million. Pocket change.
Either Mark Zuckerberg is woefully ignorant of what happens at his company or he lied during his testimony to US lawmakers last week. As reported by Chris Griffith in the Murdoch Press, Zuckerberg said, âAnyone can turn off and opt out of any data collection for ads, whether they use our services or not.â
Actually, you canât. As proven many times on this blog.
If youâd like to read that earlier post, here it is. This is still going on in 2018, and confirmed by others.
I canât speak for shadow profiles because I am a Facebook user.
Summary: Facebook will ignore opt-outs done on its own site and at industry sites, and compile ad preferences on you. Been saying it, and proving it, for years.
Mrs Palin and I have very different political beliefs and I’m not a fan of hers, but I’m curious why no one had a go at Google in 2009. Such an error by one of the largest companies in the US deserves more ridicule than whatever she said, which is akin to President Obama’s 57 states and his mispronunciation of corpsman, or Vice-President Biden’s belief that a hypothetical President Roosevelt could go on television in 1929.
This was not version 1 of Google Maps, but version 5.
This means that in five versions of Google Maps, no one had checked where the White House was. And do you wonder why I don’t have much faith in Google?
At the time, I wrote:
Nothing around here even looks like the White House. Can any American readers please explain what I am doing wrong, or is this another one of those computer glitches that only happens to me?
If I have done nothing wrong, then here are some possibilities of what has happened:
the White House doesnât exist and never did. I only dreamed that it did;
the White House only exists in fiction, like Ernie Wiseâs wig;
the boss of Google voted Republican;
the White House has been moved to another location, like they did with the Museum Hotel;
the White House has been blocked from Google Earth for a 9-11-related reason;
UFOs have beamed up the entire White House;
the Manhattan Project has beamed up the entire White House.
A Washingtonian confirmed that when they typed the same address into Google Maps, they got the same result, so it wasn’t just me.
Since 2009, this error has been remedied.