Amazon saved children’s voices recorded by Alexa even after parents asked for it to be deleted. Now it’s paying a $25 million fine.::“For too long, Amazon has treated children’s sensitive data as its own property,” Josh Golin, executive director of Fairplay, said in a statement.
This isn’t a “fine” to Amazon. 25 million dollars is just the cost of business.
Make this 250 or 500 million and then… Maybe… it’s a fine.
Fuck it. Hit them with a couple of billion and THEN companies might stop being shitheads to basic human rights.
Agreed.
I only mentioned my range because then perhaps it would move to a different column in their budget.
25 million is nothing to Amazon.
A couple of billion might move it into an enterily new spreadsheet and maybe even precipitate a meeting to figure out who needs to be fired. Maybe.
Amazon makes between $53 million and $54 million an hour. This is the first Google search result, but even if it’s exaggerated, 25 million doesn’t even leave the tiniest mark… It’s sad…
Lol, my life would be over, if i were to be fined 25 million
But you’d be fine if you were fined one hour of minimum wage, likely!
This. Fines should not be fixed at a specific amount, but rather as a percentage of the total income of the company for a year. Just as laws are regulated according to technological advances, fines must also be regulated to truly impact companies and make them think twice before breaking the law.
It shouldn’t be a fine at all. It should be jailtime for executives involved, and asset seizure.
It does depend on how many violations there were. If it was 1, then that’s a hefty fine. If it’s a million, then yes… Cost of business.
That’s not how laws work.
If you break the law, you deal with the consequences.
It’s not a “game system” where additional infractions lead to multipliers of consequences.
Child labor laws exist because we saw what happened in the past when they did not exist. We, as a society, care about our children enough to protect them. That includes preventing them, by law, from working in industrial environments.
Some states seem inclined to repeat the past by repealing or loosening child labor laws… .
Now another child is dead as a result.
Should have been 25% of profits. Percentage based systems work.
Lolololol 25% of profits for keeping on to recordings for too long? You people are insane. You just hate Amazon and want to stick it to them.
The irony is none of these lemmy instances are run by companies with registrations and can do whatever the fuck they want when your data yet everyone is a okay cause pinky promise I hate Reddit too! 🤦♂️
I remember when people were trying to convince me that Alexa wasn’t recording every thing you said. Now here we are.
That’s like fining me $0.10
You’re fined for 0.10$
Meet me a my office!
Can I use the fine as a tax deduction?
Oh no, don’t throw me into the briar patch!
I’m sure if it was a $2.5bn fine, they’d be much more careful about customer privacy going forwards…
Cost of doing business that was already put in this years’ projections. Bezos can pay for this small fine out of his change jar and we’ll continue on, business as usual.
$25 million dollars. That’s just pocket change for Amazon.
Yeah? What’s that; 14 seconds of their profits?
Right. 25 mil per second of recording is more appropriate.
Why even fine corporations at this point? Put the ones involved behind bars and shut the company down, liquidate their assets, and divide it to the victims when they do criminal shit.
If the death penalty exists and corps are people, why aren’t companies being executed?
Fines mean legal for a price and it’s only effective if it costs more to pay it than the profit made from it
Like $25 million is laundry change for them. They will probably pay it in quarters.
25 million? They made $514 billion in net sales last year. 25mil is a fucking rounding error for them.
yawn. $0.01 fine for Amazon. Cool
That fine should have to be 25 billion, not million. Then they’d actually learn a lesson.
Fines like this should be calculated based on % of corporations net assets. Something like this, say 5-10%. That would at least get their attention.
Same with personal fines honestly, percentage of income or total wealth, depending on the crime.
Definitely should be based on current net worth of assets, else someone who just lives off borrowings against assets pays nothing as they have no or little income when compared to their total.
Or just count loans as income for tax reasons.
This could get iffy unless well defined. Else when people take out a loan for a house suddenly they have hundreds of thousands in income, which they would then need to pay tax on again when they earn money to pay it back.
You don’t generally pay taxes paying a loan back.
What they do is take out more loans- specifically, on the increase of value their capital had.
You do pay taxes on the sale of the house when that comes, however, in proportion to the capital gains from its sale.
It wouldn’t be hard to carve out an exception for loans under a certain value (possibly, a net cap on total loans. Or some combination there of.) and then exclude mortgages under an appropriate limit, however
Yeah that’s my thinking. Gotta define what cash from loans is taxable.
What I mean by paying tax on paying it back: you had to earn that money, typically from income, which is taxed. So if you had to pay tax on your original loan you would get taxed twice.
But yeah, as long as it’s well-defined, might be a good choice.
I’m sure the billionaires will line the correct pockets to get out of it in any country, though :(
