Entertainment Report

Facebook warns that its U.S. privacy punishment could hit $5 billion

Name: Facebook warns that its U.S. privacy punishment could hit $5 billion
Uploaded: 2019-04-24T13:51:17-07:00
Channel: NBC Palm Springs
Description: Facebook said on Wednesday that a federal investigation into its privacy practices could cost the company as much as $5 billion. In its quarterly results reported to investors, Facebook said that for now it was setting aside $3 billion to pay in potential penalties to the Federal Trade Commission but that the eventual number could […]

By: NBC Palm Springs

April 24, 2019

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