Verizon Pays $7.4 Million To Settle FCC Privacy Investigation 50
An anonymous reader writes Verizon has agreed to pay $7.4 million because it did not notify customers before using their personal information in marketing campaigns. The FCC discovered that Verizon failed to alert around two million customers of rights that include telling customers how to opt out from having their personal information used. "In today's increasingly connected world, it is critical that every phone company honor its duty to inform customers of their privacy choices and then to respect those choices," Travis LeBlanc, Acting Chief of the FCC's Enforcement Bureau said.
Re:That'll teach them (Score:5, Informative)
Verizon's wireless has made as much as 5BN in a quarter recently, but has also had losing quarters too.
For cocktail napkin math and simplicity's sake, lets say they made 7.4BN last year, making this 1/1000th of their profit.
Wolfram says 525 minutes.