Chris Trottier

Meta just settled the Cambridge Analytica lawsuit for $725M.

Considering the impact, that's not a lot of money.

But neither is it chump change.

And as Meta's losses increase, so will the monetary risk should they ever pull off these shenanigans again.

https://www.bbc.com/news/technology-64075067

Meta settles Cambridge Analytica scandal case for $725m

The proposed deal by Facebook's owner is the largest in a US data privacy class action, say lawyers.

BBC News
Dec 25, 2022 at 2:34amWeb
Show threadChris TrottierDec 25, 2022

Also, the Cambridge Analytics lawsuit should be bigger news than it is.

But seeing how this news was released on a Friday -- a few days before Christmas -- certain folks clearly didn't want this to be news.

Well, too bad! Everyone should know!

Show threadMike Wursta 🇨🇦 🏳️‍🌈 🇺🇦Dec 25, 2022
@atomicpoet Thanks for letting us know 🙂 ❤️
Show threadDj PadzenskyDec 25, 2022
@atomicpoet I’m sure that their only regret in the whole thing is that they got caught.
Show threadTofu GolemDec 25, 2022

@atomicpoet
Reminder: they got in trouble for which data they used, not what they did with the data.

What they did with the data is exactly what that platform is supposed to do. They just did it with a political candidate instead of soap or a graphics card.

Show threadErstkateDec 25, 2022
@atomicpoet I find it mindblowing that people still just brush off CA/Meta's actions as either irrelevant, unlikely to have changed opinions, or inevitable. I feel people in general, and people in government in particular, still haven't come to terms with how incredibly influential targeted propaganda can be. It is extremely worrying how far behind people are on this.
Show threadKBSez ✅Dec 25, 2022

@atomicpoet

Pennies to facebook. Pennies.. they are laughing writing that check.

Show threadGerty SteinblattDec 25, 2022
@atomicpoet My favourite part of this (aside from Meta paying out, duh), is that everyone now knows who Cambridge Analytica are, and even if/when they rebrand -- more to the point that CA and entities like them are an actual (super icky) thing, that it's not just the "intelligence" agencies who are deeply spying on each and every one of us, naughty *and* nice and all betwixt and between.
Show threadAlbert HubbleDec 25, 2022
@atomicpoet I wonder how much they earned with selling those datas. 725 Million doesn't sound to much. And part of the deal is "didn't acknowledge wrongdoing".
So it is like, yea we pay 725 million but we didn't do anything in the first place. Really wired laws over there.
Show threadsparseMatrix ✅✅✅ 📻Dec 25, 2022

@atomicpoet

considering what they made, and the cost to the rest of us, it is nothing short of a slap on the wrist,

It is insufficient and unsatisfactory: justice looks like the breakup and sale of that company until there isn’t one little twig of it left standing.

Show threadGen X-WingDec 25, 2022

@atomicpoet I don’t like that settle out of court exists as a concept. It’s skirting justice by using wealth.

Because now there’s no judgement in a court for the next time this happens:(