Facebook Expects $5 Billion USD FTC Fine [hypebeast.com]
Why a multibillion-dollar FTC fine would barely faze Facebook [www.theverge.com]
Facebook’s privacy woes have a price tag: $3 billion or more [www.cnet.com]
DealBook Briefing: Is a $5 Billion Facebook Fine Enough? [www.nytimes.com]
Facebook Expects to Be Fined Up to $5 Billion by F.T.C. Over Privacy Issues [www.nytimes.com]
Why a multibillion-dollar FTC fine would barely faze Facebook https://t.co/TOOWX7i5SB pic.twitter.com/y5w9l6sFl0
— The Verge (@verge) April 25, 2019
Why a multibillion-dollar FTC fine would barely faze Facebook https://t.co/L0Nprsbjxh
— Evan Kirstel at #WHCC19 #WashingtonDC (@evankirstel) April 25, 2019
Our mission is to bring privacy back to the user. Our team continues to work day in day out on achieving this mission.
— Opacity Storage (@Opacity_Storage) April 25, 2019
Opacity 1.0 launching next month!#CloudStorage #NoDataBreaches #HandleYourPrivacy $OPQhttps://t.co/sMqrXDslrF
This is a slap on the wrist—a fraction of the profits Facebook makes in a year. Facebook is a repeat offender & fines like this won’t stop them from breaking the law & violating our privacy again. It's going to take big, structural change. #BreakUpBigTech https://t.co/yXjj6F8RWR
— Elizabeth Warren (@ewarren) April 25, 2019
Hats off to @harryfoxdavies - the journalist who first set Cambridge Analytica hare running in Dec 15. Cover-up after cover-up followed. But today Facebook finally faces music: $5 billion fine from FTC investigation triggered by our story last year ???https://t.co/VghkiUSgaF
— Carole Cadwalladr (@carolecadwalla) April 24, 2019
$5 billion for repeated violations of FTC @FTC privacy consent decree is a good start - but the ideal is a penalty that is more personal and more injunctive -- like a ban on sharing of data, or better yet, divestiture of WhatsApp. https://t.co/1Hsi016X07
— Tim Wu (@superwuster) April 24, 2019
Facebook expects to be fined up to $5 billion by the FTC for privacy violations.
— The Tor Project (@torproject) April 24, 2019
Facebook's annual revenue is $56 billion. https://t.co/hPtj2stdf3
.onion: https://t.co/ypAElKUcaJ
Facebook should be held accountable for putting your security at risk. Now, we need to put real privacy rules in place that stop this from happening again. https://t.co/y8FfGbeuax
— Amy Klobuchar (@amyklobuchar) April 25, 2019
The power of the Cambridge Analytica Files. ??♂️ https://t.co/VzUpA1kWty
— Shahmir (@shahmiruk) April 24, 2019
While Pakistan struggles to secure a $6-$8 Billion loan from IMF, Facebook prepares to pay a $5 Billion penalty on privacy issue?☺️
— Nasreen (@Nas_k27) April 25, 2019
Facebook Expects to Be Fined Up to $5 Billion by F.T.C. Over Privacy Issues https://t.co/TUlbT44o9y
Facebook had revenue of $15 billion in the first 3 months of this year.
— Heidi N. Moore (@moorehn) April 25, 2019
If that keeps up, that means FB could have revenue of nearly $60 billion this year alone. It has made hundreds of billions of dollars by violating privacy.
$5 billion is small.
https://t.co/D1OWO3UVre
Facebook Expects to Be Fined Up to $5 Billion by F.T.C. Over Privacy Issues https://t.co/S51ZMgzZIG
— FridayJones (@IAMFridayJones) April 25, 2019
#FTC may hit #Facebook with $5 billion, but won't faze the giant and the fine shld be $50 billion plus an admission of guilt for ignoring rules for ten years so it can be sued https://t.co/uJwkzWY5wx pic.twitter.com/N51e8gdJla
— Diane Francis (@dianefrancis1) April 26, 2019
A sign that the #US is willing to punish large tech companies for privacy violations. In light of recent scandals, #Facebook expects to be fined up to $5 billion.
— Wire (@wire) April 26, 2019
To us, #privacy was fundamental long before big companies were fined for violating it. https://t.co/sxbOXI6UVs
#Facebook Expects To Be Fined Up To $5 Billion By #FTC Over #Privacy Issueshttps://t.co/p1D1hyWCCN #cybersecurity #Cyber #socialmedia #MarkZuckerberg #security #Cambridge Analytica
— Shira Rubinoff (@Shirastweet) April 25, 2019
CC:@mclynd @ChuckDBrooks @bobehayes @ipfconline1 @DioFavatas @AudreyDesisto @KirkDBorne @ScottBVS pic.twitter.com/OvL74rJkZK
“This would be a joke of a fine — a two-weeks-of-revenue, parking-ticket-level penalty for destroying democracy” https://t.co/hnp9ME3p1E
— Michael Del Moro (@MikeDelMoro) April 25, 2019
My view, in @MikeIsaac's story on FB and the potential FTC fine: “This would be a joke of a fine — a two-weeks-of-revenue, parking-ticket-level penalty for destroying democracy.” https://t.co/DWUGprrpbC
— Matt Stoller (@matthewstoller) April 24, 2019
$5bn? That should get everyone's attention. Ouchhttps://t.co/jiy71kImWu
— Frank Jennings (@thecloudlawyer) April 25, 2019
Game changer for the privacy field.
— Trevor Hughes (@jtrevorhughes) April 24, 2019
Facebook Expects to Be Fined Up to $5 Billion by F.T.C. Over Privacy Issues https://t.co/kGWI7Gzx9M
“The F.T.C. is really limited in what they can actually do in enforcing a consent decree, but in the case of Facebook, they had public pressure on their side,” said CR's @JustinBrookman regarding Facebook's potential FTC fine (via @nytimes): https://t.co/An0lluUXMG
— Consumer Reports Advocacy (@CRAdvocacy) April 25, 2019