When Facebook was investigated following the 2016 election for selling Data that inevitably ended up in Russia, the DOJ reccomended their case to the FTC who in 2019 fined them 5 BILLION USD. This isn’t even the only time they’ve been fined or investigated, either, they’ve got ongoing lawsuits from the states and federal governments.
And now, the FTC no longer has to wait for a DOJ investigation because H.R.815 also included Section I that enshrines their ability to fine the companies who sell data to adversarial countries including China, Russia, Iran, North Korea, etc.
But sure, “tHeY’RE NoT TaRGetTiNG faCeBOoK.” I can’t tell if you’re supremely uninformed or a CCP shill, but to be very frank I don’t have patience for you in either circumstance.
You’ve made the most substantive comments in this post. Especially quoting the law and this information about Facebook.
For context, Facebook’s revenue in 2019 was 70 billions dollars. So a 5 billion dollar fine isn’t nothing. Everyone can judge these bans and fines for themselves and judge whether there’s a double standard though.
You seem upset because I said TikTok stores their data in Oracle, but that’s what they said in 2022. https://www.cnn.com/2022/06/17/tech/tiktok-user-data-oracle/index.html But, as you say, it appears in 2018 they were storing their data in China, and presumably that continued up until mid-2022.
I’m not a shill, but I am a cynic who believes the government is acting on behalf of their corporate friends (US media companies) rather than on general principles. I have no love for China. I wanted regulation that applied equally to all US companies. If you don’t want to talk to me, fine, I’ll discuss my opinion with others; even so, you’ve shared a lot of important and concrete information here, so thanks again.
When Facebook was investigated following the 2016 election for selling Data that inevitably ended up in Russia, the DOJ reccomended their case to the FTC who in 2019 fined them 5 BILLION USD. This isn’t even the only time they’ve been fined or investigated, either, they’ve got ongoing lawsuits from the states and federal governments.
And now, the FTC no longer has to wait for a DOJ investigation because H.R.815 also included Section I that enshrines their ability to fine the companies who sell data to adversarial countries including China, Russia, Iran, North Korea, etc.
But sure, “tHeY’RE NoT TaRGetTiNG faCeBOoK.” I can’t tell if you’re supremely uninformed or a CCP shill, but to be very frank I don’t have patience for you in either circumstance.
You’ve made the most substantive comments in this post. Especially quoting the law and this information about Facebook.
For context, Facebook’s revenue in 2019 was 70 billions dollars. So a 5 billion dollar fine isn’t nothing. Everyone can judge these bans and fines for themselves and judge whether there’s a double standard though.
You seem upset because I said TikTok stores their data in Oracle, but that’s what they said in 2022. https://www.cnn.com/2022/06/17/tech/tiktok-user-data-oracle/index.html But, as you say, it appears in 2018 they were storing their data in China, and presumably that continued up until mid-2022.
I’m not a shill, but I am a cynic who believes the government is acting on behalf of their corporate friends (US media companies) rather than on general principles. I have no love for China. I wanted regulation that applied equally to all US companies. If you don’t want to talk to me, fine, I’ll discuss my opinion with others; even so, you’ve shared a lot of important and concrete information here, so thanks again.