on 13-07-2019 02:30
I just knew this was going to be a good Saturday
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.
on 13-07-2019 05:34
Well I for one won't be broken hearted if FB faced a fine of $10bn. Every penny of the fine is justified!
on 13-07-2019 08:24
on 13-07-2019 08:24
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!
Veritas Numquam Perit
on 13-07-2019 16:59
How does that leave the Cambridge Analytica and similar "abuses" in this country?
FB stands for more than just Facebook at this time...