Saturday, July 13, 2019

FTC Approves About $5 Billion Fine for Facebook Over Privacy Violations

Via Billy

 Attendees walk past a Facebook logo during Facebook Inc's F8 developers conference in San Jose, Calif., on April 30, 2019. (Stephen Lam/File Photo via Reuters)

The FTC has voted to approve a fine of about $5 billion for Facebook over privacy violations, the Wall Street Journal reported July 12. The report cited an unnamed person familiar with the matter.

 More @ The Epoch Times

6 comments:

  1. 5 Billion for Zuck is merely "Chump Change". The best thing all intelligent people can do is bail out of the Social Media cyber swamp and let the primordial soup fester.

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    Replies
    1. 5 Billion for Zuck is merely "Chump Change".

      Yup.

      Delete
  2. A one day cash flow for a $545 Billion a year company. Not even a speed bump. Now, arrest from the CEO and Board of Directors down 7 or 8 levels of management including all of HR, Section Managers and Division chiefs and then get convictions of Wiretapping, RICO Statues, and ongoing Conspiracy and at least 20 years in a Super Max, I might be impressed.

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  3. Not a particularly meaningful fine. Kind of like fining someone with $600 bucks in their pockets $5. To the commies at FarceBook it's just a small cost of doing business.

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