Facebook will pay the US government a $5 billion fine for privacy failures — but it won’t have to change the way it does business
https://www.vox.com/recode/2019/7/24/20708359/facebook-ftc-settlement-criticism-5-billion-privacy-review-antitrust-mark-zuckerberg
It’s a giant fine. And the company will have to employ many more lawyers. But Facebook will be happy if this is as bad as it gets.
At least part of Facebook’s bill for the Cambridge Analytica scandal has come due: It will pay the US government $5 billion and will add layers of committees, inspectors, and rules that are designed to keep it from committing privacy blunders in the future.