Facebook expects FTC fine of up to $5bn in privacy investigation

Facebook expects FTC fine of up to $5bn in privacy investigation

5 years ago
Anonymous $9jpehmcKty

https://www.theguardian.com/technology/2019/apr/24/facebook-ftc-fine-first-quarter-financial

Company makes revelation in financial reports showing first-quarter revenue growth to more than $15bn

Facebook is expecting to pay as much as $5bn to the US Federal Trade Commission (FTC), it revealed in first quarter financial reports, which otherwise showed continued revenue growth to more than $15bn for the first three months of the year.