129 - Facebook’s $5 billion speeding ticket, with NYT's Farhad Manjoo
Fortt Knox27 Jul 2019

129 - Facebook’s $5 billion speeding ticket, with NYT's Farhad Manjoo

Five billion dollars. That’s how much Facebook will have to fork over to the government under a settlement with the Federal Trade Commission. It’s the biggest fine for violating user privacy by a wide margin – 200 times bigger than the previous record, according to the FTC chair.

If I got hit with a 5 billion dollar speeding ticket, it would hurt. I’m not going to lie. But some are already saying the settlement doesn’t go far enough.

So. After this settlement, can Facebook say it has paid its debt to society? Or did Zuckerberg and company just make out like bandits?

And: What does this say about privacy regulators’ ability to effectively walk the beat in Silicon Valley?

With me this week to shake me out of my vacation-induced stupor: Farhad Manjoo of the New York Times.


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Episoder(147)

3 - Thanksgiving, and the Muslim Branch of My Evangelical Family

3 - Thanksgiving, and the Muslim Branch of My Evangelical Family

This week on the Fortt Knox podcast, I want to get a little personal. Instead of hearing from a business leader or celebrity as usual, you're going to hear from someone closer to home. My home. The United States right now is struggling with how to respond to the scourge of terrorism -- and how to relate to Muslim Americans here at home. It's something my family has a unique bit of experience with. And this being the days after the Thanksgiving holiday, and after a presidential election, it's a good time to reflect on family. And the country. The voice you heard at the beginning of this episode was my cousin on my dad's side. Omar. I'm a Christian. My faith is an important part of my life. I try to study my Bible regularly, I attend church weekly. My father is a retired pastor and chaplain. My grandfather was a pastor, too. Omar and his siblings are Muslim. His parents converted before he was born. It's fair to say religion has always been a source of tension in our family, but especially over the last 20 years. Through it all, we've tried -- with mixed results -- to keep the family together. So I asked Omar if he would sit down and talk to me for Fortt Knox about something we can all relate to at a time like this: The struggle to find common ground in the face of fundamental differences. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

28 Nov 201647min

2 - Lisa Su, AMD CEO: Beyond the Glass Cliff

2 - Lisa Su, AMD CEO: Beyond the Glass Cliff

Lisa Su, AMD CEO, on how she went from engineer to the corner office. In Fortt Knox's Podcast Edition, CNBC's Jon Fortt talks with leaders and influencers who make things happen. For the Live Edition of the show, check out Jon Fortt's Facebook Page. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

21 Nov 201621min

1 - Alexis Ohanian, Reddit co-founder: Why Thomas Jefferson Would Love Reddit

1 - Alexis Ohanian, Reddit co-founder: Why Thomas Jefferson Would Love Reddit

Alexis Ohanian, co-founder of Reddit, on how he got where he is and what makes him tick. In Fortt Knox's Podcast Edition, CNBC's Jon Fortt talks with leaders and influencers who make things happen. For the Live Edition of the show (which debuts the week of 11/14), check out Jon Fortt's Facebook Page. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

13 Nov 201625min

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