Thursday, September 18, 2014

Yahoo threatened with $ trillion fine over user data access #vmvwiki

I like that the cost of the Star Wars Death Star is shown on the graph.

News coverage of the case, for which documents were unsealed last week, reported the proposed fines as $250,000 a day. But there was also a clause that called for a doubling of the amount each week if Yahoo refused to comply. It was more than enough to bankrupt the company after just a few months.

At the six-month mark, the doubling fine would have equaled $117 trillion. Depending on the calculation you use, the fine would have exceeded the total dollar value of the entire Earth (including economic assets and the physical value of the planet itself) in either the eighth or ninth month.


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