Security News > 2019 > April > Facebook Anticipates an FTC Privacy Fine of up to $5 Billion
2019-04-25 04:41
Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users’ privacy. The company set aside $3 billion in its quarterly earnings report Wednesday as a contingency against the possible penalty but noted that the “matter remains unresolved.” read more