THE FEDERAL TRADE COMMISSION (UNITED STATES) FINED FACEBOOK FIVE BILLION DOLLARS OVER PRIVACY BREACHES.
Facebook was on Wednesday, 24 July fined $5 billion by the Federal Trade Commission (FTC) over privacy breaches. This is the largest fine in the history of the Federal Trade Commission, yet only about a month’s worth of revenue for Facebook. The penalty would settle a formal complaint by the Federal Trade Commission that Facebook […]