rmstein@ieee.org
Date: Fri, 5 Oct 2018 08:31:30 +0800
http://www.latimes.com/business/la-fi-vizio-settlement-20181004-story.html
The most resonant message a for-profit business understands hits the bottom line. Vizio exploited customer data for profit. Now those profits, with a hefty fine, are being disgorged.
'The settlement values the data collected about each Vizio customer at 62 cents in the unlikely case that all of them apply for compensation. The lawyers described the per-person settlement figures as "highly favorable" based on estimates from a hired expert that "average damages for actual harm" from gathering and sharing viewing data is 78 cents to $4.76.'
Chump change compensation for the affected class-action members.