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Facebook braces for $3 to $5 billion fine over privacy lapses

Facebook braces for $3 to $5 billion fine over privacy lapses

Facebook’s costs jumped by $3 billion in the first three months of the year as the company deals with an ongoing FTC investigation into the social network’s privacy practices. Facebook said on Wednesday it had set aside $3 billion to deal with the issue but estimates the final loss from fines could be as much as $5 billion.

Simone
Simone
Judi Em
Judi Em 1 year

Good. Hope it hurts.

Troy McDude
Troy McDude 1 year

3B$? Not enough for what harm Zuk was knowingly doing. Make him choke until death.. of his business I mean.

Article V FTW
Article V FTW 1 year

It couldn't have happened to a better piece of shit. Screw Mark Cuckerburg.

Jackie
Jackie 1 year

Not that they don't have it coming, but why can't we do something like this to the company recently caught illegally pushing Oxy? They have real blood on their hands and we only fined them millions. 20 million. that's 1/150 -1/250 the fine that being levied here.

RandomusCuntikus
RandomusCuntikus 1 year

ouch

- Minus -
- Minus - 1 year

where is my cut?

Oliver Biscuit
Oliver Biscuit 1 year

Well seeing as Zuckerberg stole Facebook, wasn't really his money in the first place. Easy come, easy go.

beanie weaine
beanie weaine 1 year

Honestly it’s just a drop in the bucket and what is this fine but a distraction if they continue to do what they have been doing.

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