We now know just how high Facebook's "record-setting" FTC fine could eroticism in two dimensions carole cavanaugh pdfbe.
Facebook expects to pay between $3 billion and $5 billion to the FTC as the result of an investigation into its privacy policies. The company disclosed the potential fine to investors in its first quarter earnings report.
It was previously reported to be a "record-setting" fine by the Washington Post, which recently reported the agency is also seeking to hold Mark Zuckerberg personally accountable for Facebook's privacy violations. Facebook's Q1 disclosure marks the first time the company has commented publicly on the amount of the fine.
The fine will be a record for the FTC, which has never hit a tech company with a fine that large (though non-tech companies have been fined larger amounts in the past). While that's certainly embarrassing, it's not as bad of news as it may seem. Facebook brought in more than $15 billion revenue this past quarter alone, exceeding analyst expectations. It also added 39 million daily active users to its platform.
Wall Street also appeared to be mostly unbothered by news of the fine, with Facebook stock at one point surging more than 10 percent in after-hours trading following the report. If the gains hold, Facebook will add several billion dollars to its value overnight.
This Tweet is currently unavailable. It might be loading or has been removed.
During a call with investors, Facebook CFO Dave Wehner cautioned that the actual amount of the fine "remains uncertain." In addition to the fine, the agency could also impose new rules on the company. The FTC investigation kicked off last March, following Facebook's disclosure that Cambridge Analytica improperly accessed millions of users' personal data.
Elsewhere, Facebook is still grappling with a number of other privacy scandals and investigations into its policies. Besides the looming FTC fine, there's the question of whether Zuckerberg himself will be put on blast by the agency. There's also an SEC investigation, a federal criminal investigation, and inquiries from European regulators.
Topics Facebook Social Media
50 percent of Facebook users could be fake, report claimsMindy Kaling weighs in on where her 'Office' character would be nowCondolences to Gordon Ramsay, whose penis was stung by a jellyfishAmerica's hot dad Bruce Springsteen signed a fifth grader's absence noteA bunch of 5G smartphones are coming this monthYouTube TV is going nationwide just in time for cordGirl Scouts and HPE launch new cybersecurity game and patchTrump and the media could never get away with fat'Vane' is a terrible video game, but you should play it anyway: ReviewSo, sheet masks for your boobs are a thingElon Musk says ominous music, 'Rick and Morty' will keep Teslas safeWe can expect a coalFacebook is shutting down MomentsLondon is trying to find Britney Spears' Instagram crushUber and Lyft are technically illegal in Philadelphia as of todayDonald Trump and 'Playboy': A lengthy historyPeople are inserting Donald Trump's sex tape comment into previous presidential speechesMindy Kaling and Emma Thompson's 'Late Night' is a crowdpleaserBill Clinton had the nerve to keep his buddy Barack Obama waitingNYC might actually eventually allow e 'Spider Warren Buffett: Bitcoin is like a seashell or something Donald Trump disavowed the alt Nearly half of e Somehow a Starbucks coffee cup appeared on 'Game of Thrones' Peter Thiel's Palantir helped ICE separate families Google’s I/O: Duplex and Google Photos AI didn’t live up to the hype The Ad Council wants to remind everyone that patriotism is about celebrating diversity Under Trump, dark days ahead for net neutrality and the open internet OnePlus 7 ad drops the phone in water, but you still shouldn't What your favorite Marvel movie says about you: Quiz Cheeky kid flips off TV crew in the middle of live broadcast Can't go home for Thanksgiving? Here are 11 stock photos you can argue with Watch this Roomba scream in pain when it collides with things Google Duplex is now just a fancy autocomplete? Tesla's self Verizon wants to sell Tumblr two years after acquiring it 'Yes we cran': 9 dad jokes from Obama's final turkey pardoning Donald Trump is selling a $150 Christmas ornament Stephen Merchant breaks down how technology has changed what it means to be famous
3.2539s , 8263.2734375 kb
Copyright © 2025 Powered by 【eroticism in two dimensions carole cavanaugh pdf】,Unobstructed Information Network