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Posts: 75,524
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Registered: ‎04-01-2009

US regulators approve $5bn Facebook fine

I just knew this was going to be a good Saturday Bouncy

https://www.bbc.co.uk/news/world-us-canada-48972327

"US regulators have approved a record $5bn (£4bn) fine on Facebook to settle an investigation into data privacy violations, reports in US media say"

The fine still needs to be finalised by the Justice Department's civil division, and it is unclear how long this may take, the sources said.

Facebook and the FTC have not confirmed the reports, telling the BBC they had no comment.

However, the amount falls in line with estimates by Facebook, which earlier this year said it was expecting a fine of up to $5bn.

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Registered: ‎22-08-2016

Re: US regulators approve $5bn Facebook fine

Well I for one won't be broken hearted if FB faced a fine of $10bn. Every penny of the fine is justified!

Lover of all things Samsung. Currently using Samsung Galaxy S10 Plus 128gb


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Posts: 79,561
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Registered: ‎14-01-2013

Re: US regulators approve $5bn Facebook fine

Pleased to see they have been fined. I DO use FB a lot and keep my data as secure as possible. They certainly do NOt have either of my phone numbers. However breach of security in any form should incur a heavy fine. So damn good job!

*The Game Is On*

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Registered: ‎11-04-2012

Re: US regulators approve $5bn Facebook fine

How does that leave the Cambridge Analytica and similar "abuses" in this country?

 

FB stands for more than just Facebook at this time... Horrified

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