this post was submitted on 25 Dec 2023
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Technology
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they dont need to get their shit together, they need to be found criminally liable and fined a percentage of their stock price. yep, i said that. fuck your stocks
this would only change if this hit verizon where it hurts.. and i mean hundreds of millions per fucking incident paid to the victim. then Verizon might be tempted to do something.
as it is, they are providing the bare minimum of any service required to achieve the next quarter stock 'value'. any fines are the cost of doing business, and who gets that fine money? not the victim.
Lol what? A percentage of their market cap is probably what you mean. A percentage of average net income over the last N (5?) years would be more realistic and still scaled in a way that impacts returns to investors.