Facebook anticipates an FTC privacy fine of up to $5B US - News Summed Up

Facebook anticipates an FTC privacy fine of up to $5B US


The agency has been investigating Facebook for possible privacy violations, but has not announced any findings yet. The FTC has been looking into whether Facebook broke its own 2011 agreement promising to protect user privacy. Hot water over privacy lapsesFacebook has had several high-profile privacy lapses in the past couple of years. That company accessed the data of as many as 87 million Facebook users without their consent. Excluding the charge, Facebook earned $1.89 per share.


Source: CBC News April 24, 2019 20:37 UTC



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