Facebook Takes $3 Billion Hit, Anticipating FTC Fine
Data Breach Today
APRIL 25, 2019
Questions Loom About Whether Big Fines Will Prompt Privacy Reform Facebook has set aside $3 billion from its first quarter profit to pay for what is likely to be a record-breaking fine from the U.S. Federal Trade Commission. But will mega-fines lead to the reform of tech giants' questionable privacy and security practices?
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