Facebook still hasn't paid that $5B FTC fine, but what happens when it does?
Facebook still owes the U.S. government $5 billion.
The social media giant has yet to make good on its debt to the American people following a record fine levied by the Federal Trade Commission in July. While the specifics of the settlement are still being challenged, it's worth asking what happens next with all that money — assuming this all eventually gets worked out.
I mean, it's not like Mark Zuckerberg can just walk one of those giant novelty-sized checks over to the the While House. However, don't think for a second that the exact manner and timing of the payment hasn't been precisely dialed in. Read more...
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Facebook still hasn't paid that $5B FTC fine, but what happens when it does?
Reviewed by mimisabreena
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Friday, January 17, 2020
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Reviewed by mimisabreena
on
Friday, January 17, 2020
Rating:
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