Those who argue that this penalty will impact Facebook’s bottom line have already been proven wrong. Facebook’s stock went up after it was reported earlier this year that it would be fined $5 billion by the FTC, making Mark Zuckerberg $1 billion richer.
-
-
Show this thread
-
A $5 billion fine may appear large, but it amounts to a slap on the wrist in comparison to the revenue that Facebook rakes in.
Show this thread -
Facebook does not have to admit any fault as a result of this settlement. It doesn’t have to limit the amount of data it collects. It still gets to move forward with its Libra cryptocurrency. This outcome is an insult to consumers.
Show this thread -
My full statement:https://www.markey.senate.gov/news/press-releases/senator-markey-blasts-ftc-facebook-privacy-settlement …
Show this thread
End of conversation
New conversation -
-
-
Seeing all of this - realizing own uselessness & a ‘lack’ of ability to have That dealt with, Zuccy does live on borrowed Time, he has gotten where he is with 0 limits ; He will stay there for long-People wish him Well : He has all for idiots, does never give A damn.





Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
$5bn = cost of doing business
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.