Facebook: Not saying we've done anything wrong but... we're just putting $3bn profit aside for an FTC privacy fine
https://www.theregister.co.uk/2019/04/24/facebook_q1_fy2019_ftc_hit/
Facebook's financial figures for its first quarter of 2019, published Wednesday, had an interesting twist.
The Mark Zuckerberg-run biz set aside $3bn of its profits, effectively halving its net income, to foot an expected fine from America's trade watchdog for seemingly running roughshod over people's privacy.