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Facebook continues to mock users

Facebook continues to mock users

Publicerat av Tony Harkén torsdag, 25 april 2019.

Facebook expects record $5 BILLION fine from FTC over privacy violations

Citing "a $3.0 billion legal expense accrued in the first quarter of 2019 related to the ongoing US FTC matter" in its quarterly financial statement,

Facebook later admits the penalty might be higher: "We estimate that the range of loss in this matter is $3.0 billion to $5.0 billion," the statement reads, adding that "the matter remains unresolved, and there can be no assurance as to the timing or terms of any outcome.

Read more at – Facebook expects record $5 BILLION fine

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