Twitter held in contempt, fined $350K over Trump data delay
Twitter held in contempt, fined $350K over Trump data delay

Twitter held in contempt, fined $350K over Trump data delay

Sanctions were applied after the social media platform delayed compliance with a federal search warrant that required Twitter to hand over Donald Trump's Twitter data without telling the former president about the warrant for 180 days.
The purpose of a fine is to get compliance, not to punish. The fine was $50,000, doubling every day. So $350,00 dollars means Musk caved after 3 days. Pretty effective tactic by the court.
Powers of two don't fuck around.
Doing a data science degree right now. No. No they do not.
This pointless comment brought to you by poorly optimized flashbacks.
The fine would've hit $40 billion within a few weeks.
I think that would make his investment underwater
How is that not just standardized and know at the time of the ruling ?
Uhh, how does a 50k fine that doubles each day come out to 350k?
Day 1: 50,000. Day 2: 100,000. Day 3: 200,000. Day 4: 400,000...
We skipped right over 350...
The violation is committed every 24h. You do not get a bonus/discount for waiting out. It is added to your already amassed fine. The way you count would mean, that on day 5, they would get a ~50% discount in the fine (paying only 800K instead of the amassed 1.55M)
Day 1: 50K -> 50K = 50K locked in
Day 2: 100K -> 100K + 1st day 50K = 150K locked in
Day 3: 200K -> 200K + 2nd day 100K + 1st day 50K = 350K locked in
Day 4: 400K -> 400K + 3rd day 200K + 2nd day 100K + 1st day 50K = 750K locked in
Day 5: 800K -> 800K + 4th day 400K + 3rd day 200K + 2nd day 100K + 1st day 50K = 1.550.000K locked in
...
Day 6: 1.6M = 3.15M
Day 7: 3.2M = 6.35M
Day 8: 6.4M = 12.75M
Day 9: 12.8M = 25.55M
Day 10: 25.6M = 51.15M
Day 11: 51.2M = 102.35M
Day 12: 102.4M = 204.75M
Day 13: 204.8M = 409.55M
Day 14: 409.6M = 819.15M
Day 15: 819.2M = 1.638B
Unlike the rest of the justice system.