Facebook to pay record $5 billion for privacy lapses, FTC …

November 13, 2019

The $5 billion fine against Facebook represents approximately 9% of the company’s 2018 revenue. The 20-year settlement includes provisions that aim to create a level of independence from Facebook…

https://www.cnbc.com/2019/07/24/facebook-to-pay-5-billion-for-privacy-lapses-ftc-announces.html

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