Major Privacy Breach, Facebook Braces for Fine up to Five Billion Dollars

5 years ago

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FB has put aside 3 billion dollars in anticipation of fines over Privacy. Wow. That's a lot of money, what would you do with 3 billion dollars? I'd start a cutting edge micro city.
https://www.wsj.com/articles/facebook-sets-aside-3-billion-to-cover-expected-ftc-fine-11556137113

"The up-to-$5-billion fine Facebook may have to pay the Federal Trade Commission is what journalists call a man-bites-dog story."
http://fortune.com/2019/04/25/data-sheet-facebook-fine-growth/

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