this post was submitted on 20 Jul 2023
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Technology
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Should have been 25% of profits. Percentage based systems work.
25% of revenue, not profits. If it was profits then the fine would likely be $0 due to creative accounting.
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! 🤦♂️
25% of profits for wilfully breaching privacy law... that's actually quite low given what creative accounting can do for profits.
GDPR maximum fine is 4% of global turnover. Luckily for amazon it's capped otherwise they'd be on the hook for billions.
Christ, that type of penalty has no bearing of actual damages. They kept the data longer than another party thought was needed. The actual damage was minimal. They have a robust set of controls and are one of the better tech companies to work with in regards to child protection. A whole hell of a lot more than these lemmy instances doing literally nothing to protect childrens data.
You can somewhat trust some people with your data if there is no profit motive. You can't trust a corporation or a government. Ever.
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