The requirements from the US Federal Trade Commission, for their mishandling of user data, is that Facebook must:
* Pay a US$5Bn fine https://www.washingtonpost.com/technology/2019/07/24/us-government-issues-stunning-rebuke-historic-billion-fine-against-facebook-repeated-privacy-violations/
* Cease third-party access to user “friends” data https://techcrunch.com/2019/07/24/facebook-ends-friend-data-access-for-microsoft-and-sony-the-last-2-of-its-legacy-partners-under-ftc-deal/
* Pay a fee to the SEC for misleading Facebook investors https://www.sec.gov/news/press-release/2019-140
Still not enough. Corporations don't have an incentive to change these hostile practices until we #BreakUpBigTech and #SendCEOsToJail
#breakupbigtech #sendceostojail