Our Facebook and 5 USD points - is this word related to Libra?
This is the biggest penalty a technology company has ever suffered.
Facebook will face a $ 5 billion fine for its privacy and confidentiality. According to a report published by The Wall Street Journal and The Washington Post, the US Federal Trade Commission has approved a request for Facebook to pay $ 5 billion - a record penalty that has been given to a public company. technology. This fine is the result of US officials' investigation into a big social network after two consecutive years of being involved in many Scandal related to privacy and user privacy. Earlier, Facebook warned investors that the company could face a fine of $ 3 billion to $ 5 billion. It is worth mentioning that the price of Facebook shares has increased slightly after this information.
Reportedly, The Washington Post obtained the above information through a source close to the issue, while the European Trade Commission declined to comment. This penalty will be worth the equivalent of one month of Facebook revenue. According to The New York Times, Facebook agrees to be more comprehensive on how they handle user data. However, no conditions are given that limit the ability to collect and share their user data with third parties. Thus, Facebook was fined $ 5 billion for privacy and user privacy, and nothing related to the Stablecoin Libra dong that Facebook is developing and encountering a lot of difficulties in launching. This coin but because of this, no matter what, Facebook is involved in this incident again for Libra.
Facebook will face a $ 5 billion fine for its privacy and confidentiality. According to a report published by The Wall Street Journal and The Washington Post, the US Federal Trade Commission has approved a request for Facebook to pay $ 5 billion - a record penalty that has been given to a public company. technology. This fine is the result of US officials' investigation into a big social network after two consecutive years of being involved in many Scandal related to privacy and user privacy. Earlier, Facebook warned investors that the company could face a fine of $ 3 billion to $ 5 billion. It is worth mentioning that the price of Facebook shares has increased slightly after this information.
Reportedly, The Washington Post obtained the above information through a source close to the issue, while the European Trade Commission declined to comment. This penalty will be worth the equivalent of one month of Facebook revenue. According to The New York Times, Facebook agrees to be more comprehensive on how they handle user data. However, no conditions are given that limit the ability to collect and share their user data with third parties. Thus, Facebook was fined $ 5 billion for privacy and user privacy, and nothing related to the Stablecoin Libra dong that Facebook is developing and encountering a lot of difficulties in launching. This coin but because of this, no matter what, Facebook is involved in this incident again for Libra.
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