cancel
Showing results for 
Search instead for 
Did you mean: 

US regulators approve $5bn Facebook fine

jonsie
Level 94: Supreme
  • 86781 Posts
  • 594 Topics
  • 5054 Solutions
Registered:

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.

2020-Awards-jonsie5695219-2




O2 Social Media

SM Icons(Twitter |
Instagram | Facebook)




































5695219-2
Message 1 of 4
564 Views
3 REPLIES 3

Glory1
Level 43: Bright Spark
  • 10294 Posts
  • 85 Topics
  • 123 Solutions
Registered:

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


Message 2 of 4
552 Views

Cleoriff
Level 94: Supreme
  • 110680 Posts
  • 799 Topics
  • 6359 Solutions
Registered:

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*

Girl in a jacket
Message 3 of 4
540 Views

pgn
Level 61: Brainiac
  • 23315 Posts
  • 172 Topics
  • 578 Solutions
Registered:

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

 

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

O2CommunityAwardNotCS




O2 Social Media
SM Icons(Twitter | Instagram | Facebook)















Message 4 of 4
516 Views