Hollywood Torrent: YouTube gets a speeding ticket, and the world moves on

PARIS, FRANCE - APRIL 10: In this photo illustration, the logo of the Google and You Tube Kids applications are displayed on the screen of an Apple iPhone on April 10, 2018 in Paris, France. Twenty-three US digital rights and child protection organizations have accused YouTube and its parent company Google of collecting personal data about children and using it to target advertisements, a complaint has been filed with the FTC, the US trade regulator. (Photo by Chesnot/Getty Images)Photographer: Chesnot/Getty Images

Good afternoon from Los Angeles, wherever you may be.

The Federal Trade Commission fined YouTube $170 million for violating children's privacy, the second major fine against a technology company for collecting kids' data. This is the largest fine for a child privacy violation in the history of the FTC, and an irrelevant sum of money for a company that generates more than $10 billion a year in revenue.