Fines are always going to be a slap on the wrist to FB. The purpose here was to set precedent, but I don’t see it discouraging FB or any similar existing company to change their behavior, because that would also require them to change their business model. That’s not going to happen until users stop using their service. Ultimately the net effect of this fine is to provide a roadmap for future companies in how to formulate their business models. The problem there is that tech will always be ahead of regulations by its very nature.
Btw, anyone know where that $5B gets put to use?
Maybe it should subsidize our taxes so that we can benefit from some of the value we have generated for FB as users. Kind of like a refund for allowing them to monetize our personal data.
Java Developers + Front-End/UI Builders - Local & Remote
DZone, Inc.
Cary, NC
As a Java developer at DZone, you will help build our global online developer portals at DZone.com, and help to build our next generation Q&A platform, AnswerHub. You will join a dynamic, agile company in a startup environment where you will help to define product direction, technology choices, and lay down the foundation for our future products.
We are looking for full-time Java/Web Developers and a Project Coordinator here at DZone in Cary, NC. We are a tech portal for software developers (DZone.com) and also make enterprise social community software (like Stack Overflow for the enterprise) called AnswerHub. We have the privilege of working with some of the best tech companies in the world like LinkedIn, eBay, Unity, and Epic Games... and have a lot of fun doing it! We are looking for in-house, full-time developers, remote developers, and even interns. For details visit our job page at http://dzone.theresumator.com/ or submit your resume and cover letter to jobs@dzone.com. We offer competitive pay, full benefits, and an awesome work environment. Looking forward to hearing from you!