It won't be hard for Facebook to afford a $5 billion settlement with the FTC, but there may be other costs beyond money (FB)

Business Insider
By Nick BastoneJul 12, 2019, 6:37 pm160 pts
Facebook is facing a record-setting penalty of about $5 billion from the Federal Trade Commission — but for the tech giant, that's only about as much as the revenue it generates in a month. What could be more damaging to Facebook than the monetary costs of the settlement is the degree to which the government…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on Tech News Tube

New business models keeping Foxconn on track for 2025 EV targets, says chairman Young Liu 129

Psst, hey. It's the NSA. You want some AI security advice? 128

Mars helicopter sends final message, but will keep collecting data 126

Drive-Through Car Wash Was Too Much for Tesla Cybertruck 126

Trump's Truth Social Has Gone Woke 124

Taiwanese film studio snaps up Chinese surveillance camera specialist Dahua 122

LG's S95TR soundbar with wireless Dolby Atmos is now available for $1,500 115

Prolific phishing-made-easy emporium LabHost knocked offline in cyber-cop op 115

About Tech News Tube

Tech News Tube is a real time news feed of the latest technology news headlines.

Follow all of the top tech sites in one place, on the web or your mobile device.