Google agreed to a record-setting $170 million settlement with federal and state regulators over allegations YouTube, its subsidiary, illegally gathered children’s personal information.
The Federal Trade Commission announced Wednesday that under the terms of the agreement, Google will pay $136 million to the commission and $34 million to New York state for alleged violations of the Children’s Online Privacy Protection Act, a children’s privacy law. In addition to knowingly and illegally harvesting the information from kids without receiving parental consent, regulators said YouTube made millions of dollars by using the data collected from children to deliver targeted ads to them.
The $136 million penalty is the largest civil fine obtained by the FTC in a case involving the 1998 privacy law.
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They make that in 7 hrs
ReplyDeleteThe fine is laughable for Google. Keep cheering.
ReplyDelete1:34 it always is, that is the point, it is their cost of doing business... Which will just get passed to you anyway in the form of tax hikes or cost for items at their store... This is just a feel good piece for you retarded morons out here, so you can say "see look they did so something"... The fine is laughable, that is like you finding a penny in the street... The same with the BP oil spill.... They knowingly let the well fail and cause this problem becasue it made them money two fold, I will explain... First, while the well was failing and they were not repairing it or fixing it, they were saving and making money, When it blew and causes that environmental disaster, They got fined yes, but that too was a drop in the bucket... Look at it this way, lets say they made 1 billion dollars that year, was fined 100 million dollars, so that means they profited 900 million dollars... Then on top of that, their sister company, Halliburton, got paid to clean up the spill, in which all they really did was use harsh chemicals to disperse the oil chunks to below the surface of the water to give you the appearance it went away, but really is floating under the surface... So this is how most companies work, there are thousands of companies in the world, but if you follow the money and the trail, it will narrow to about a total of 13 to 20 parent companies who own all of the companies in this world or on this planet... So now when you hear of a company being fined, it will clearly not hurt them, and it will be a show piece for everyone to say see, they did something... Clearly they keep doing it right? so the fine clearly isn't high enough to affect them... Think about that...
ReplyDeleteNot to mention they were ordered by a judge to stop using dispersant and kept doing anyway with no repercussions. BP security banning people from public beaches. Every environmental response group that was asking for volunteers, if you started signing up you eventually got transfered to BP and they weren't taking anyone. The few people they did employ in their "clean up" effort all had to sign confidentiality agreements. The entire saga was a completely illegal $#!+ show. If you are in the connected 20 companies you refer to you are above the law.
DeleteChildren should not be on Youtube.
ReplyDeleteThat would be like fining the average citizen for the cost of a stick of gum.
ReplyDeleteGoogle income - $30,740,000,000
ReplyDeleteFine - $170,000,000
% of yearly income - .553%
Sby average income - $21,763
Cost of driving after 2 beers - $10,000
% of yearly income - 45.94%
ReplyDeleteHow did Frosh miss out on angling for a piece of that pie?