Facebook Expects to be Fined Up to $5 Billion Over Privacy Scandals

April 25th, 2019

In other news: Facebook’s new chief lawyer helped write the Patriot Act.

Via: MIT Technology Review:

To most of us (and to the FTC), $3 billion to $5 billion is a whopping sum of money. But Facebook, which earns $56 billion in revenue every year, can potentially just write it off as a cost of doing business.

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