Facebook fined for 500 million
Community Forums/Technical Discourse/Facebook fined for 500 million
| ||
| Interesting, but 500 million is probably just pocketmoney for facebook. http://www.businessinsider.com/facebook-ordered-to-pay-zenimax-500-million-in-oculus-vr-lawsuit-verdict-2017-2 |
| ||
| It's a lot of money. I wonder what facebooks annual profit is? Edit 700 million a quarter...so it's not an insignificant chunk...almost wiped out 3 months profit. |
| ||
| Even large companies hate being fined in the hundreds of thousands for their wrongdoings, so it isn't something they'll just gloss over, no matter how much they make. Was really surprised at the outcome of this case! |
| ||
| Even large companies hate being fined in the hundreds of thousands for their wrongdoings Especially when the thousands are millions. |
| ||
| Yeah, but my point was that they actually hate fines even in the tens-to-hundreds of thousands, let alone millions! |
| ||
| Set for appeal, so it'll be a while yet before we can draw a line under this. |
| ||
| Eh...it's less than the $4 billion they were actually going after. What surprises me is that Palmer Luckey is ordered to paid $50 mil....so he actually has $50mil laying around like that??? |
| ||
| Have to buy one less Hawaiian Island. Oracle already bought one. |
   |