27,250 karma · joined October 24, 2011
That's not true. Zuckerberg blinked when the share price hit the 90s in 2022. Despite holding the vote, he started listening to external investors more.
And it works! Nearly every comment here is just riffing on how this was definitely intentional and further evidence of the commenter's preconceived notions of Meta, etc, etc.
The judge assigned penalties below the statutory maximum, but maximums are rarely assigned and both the number of counts and ultimate number the judge came up with are all dubious.
> Not sure what you think you're adding to this discussion.
Well, aren't you abrasive. What do you think you were adding here https://news.ycombinator.com/item?id=50187613? It's either not responsive to the grandparent comment or needed rebutting. I rebutted, under the generous assumption your comment was responsive.
This is just not a claim that was before the court and not grounds to assess damages on.
> The jury concluded that Meta had more than 43 million violations of the state’s unfair practices act, with each transgression carrying a civil penalty as high as $5,000.
Note that this is like, 20 violations per resident of New Mexico. And also ~50% of Facebook's total revenue (more than 100% of income) at the time of the CA scandal.