Facebook faces $5 billion fine, largest ever for a tech company so far

At $5 billion, the fine the Federal Trade Commission (FTC) is about to levy on Facebook is by far the largest it's given to a technology company, easily eclipsing the second largest, $22 million for Google in 2012. The long-expected punishment, which Facebook is well prepared for, is unlikely to make a dent in the social media giant's deep pockets.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2lan2bR

Post a Comment

0 Comments