Breaking Facebook faces Biggest Ever Fine

[Abhinav]

US Federal Trade Commission (FTC) is about to levy $5 Billion (~Rs. 34,280 crores) fine on Facebook for privacy violations and mishandling users' data. This is Biggest fine ever levied on any technology company, it's even higher than Google's 2012 $22 Million fine.

Facebook faces $5 billion fine, largest ever for a tech company so far - Times of India ►

 

[Jingalala]

Good. They should transfer to our account

 

[Abhinav]

After the news came out Facebook Shares started rising.

https://twitter.com/x/status/1149823884688023553

Source

https://twitter.com/x/status/1149787082337992705

Source