Facebook Anticipates an FTC Privacy Fine of up to $5 Billion
Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users’ privacy.
The company set aside $3 billion in its quarterly earnings report Wednesday as a contingency against the possible penalty but noted that the “matter remains unresolved.”
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Story added 25. April 2019, content source with full text you can find at link above.