Wake Up Call: Facebook Risks Multi-Billion Dollar Fine in FTC Probe Talks

Feb. 15, 2019, 12:36 PM UTC
  • Facebook Inc. is talking with the Federal Trade Commission about a possible multi-billion dollar fine to settle the agency’s probe into the social media giant’s alleged privacy violations and other gaffs, according to reports. The fine, which is not a done deal, would dwarf the agency’s previous highest for a technology company. If the talks fail, the matter could be headed for a nasty court fight. (Washington Post) Facebook said it is cooperating with the agency and declined further comment. (Bloomberg)

  • Winston & Strawn has to face pay, bias, and retaliation claims filed by a former ...

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