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FTC votes to approve $5 billion settlement with Facebook in privacy probe
MSN ^

Posted on 07/12/2019 4:42:39 PM PDT by navysealdad

The Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook that could end an investigation into its privacy practices, according to a person familiar with the matter but not authorized to speak on the record, a deal that could result in unprecedented government oversight of the company.

The settlement -- adopted with the FTC’s three Republicans supporting it and two Democrats against it -- could end a wide-ranging probe into Facebook’s mishandling of users’ personal information that began more than a year ago.

(Excerpt) Read more at msn.com ...


TOPICS: News/Current Events
KEYWORDS: 2; facebook; ftc

1 posted on 07/12/2019 4:42:39 PM PDT by navysealdad
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To: navysealdad

Payoff.


2 posted on 07/12/2019 4:47:26 PM PDT by HighSierra5
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To: navysealdad; a fool in paradise; acapesket; Baynative; beef; BullDog108; Califreak; cgbg; ...

This is the Facebook Is Evil ping list.

If you'd like to be on or off this list, please click Private Reply below and drop me a FReepmail.

Related, different source:

http://www.freerepublic.com/focus/f-news/3763635/posts

3 posted on 07/12/2019 5:07:03 PM PDT by upchuck (No muzzy is fit to hold public office - their cult (religion) is incompatible with the Constitution.)
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To: HighSierra5

“Payoff.”

The corruption of our government is astounding. The new replacement population won’t care though.


4 posted on 07/12/2019 5:07:46 PM PDT by dljordan
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To: navysealdad

How much of this money goes to the victims?


5 posted on 07/12/2019 5:22:56 PM PDT by vigilante2 (Re-elect nobody)
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To: navysealdad

How much of that will go to those whose privacy was violated?


6 posted on 07/12/2019 5:31:51 PM PDT by KarlInOhio (Who's the leader of the club that feeds on dead babies? M-O-L... O-C-H... M-O-U-S-E.)
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To: navysealdad

Use the money to build the wall.


7 posted on 07/12/2019 5:38:19 PM PDT by Kenny Bania (Ovaltine? Why not call it Roundtine?)
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To: navysealdad

Hopefully Trump can take it and use it to built some more wall!!!!


8 posted on 07/12/2019 5:56:46 PM PDT by RetiredTexasVet
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To: All

Won’t actually be a fine. It will be a show of a transfer of payment to the Government, funneled into the CIA Black Budget, and then right back out to Facebook, to continue their CIA sponsored surveillance of their users.


9 posted on 07/12/2019 6:20:49 PM PDT by LegendHasIt
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To: navysealdad

I would say this is bad news given that facebook stock is up on the deal


10 posted on 07/12/2019 6:26:38 PM PDT by lodi90
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To: navysealdad

And how much of that goes to the users?

0


11 posted on 07/12/2019 7:32:36 PM PDT by fruser1
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To: fruser1

I want my reparations!


12 posted on 07/12/2019 10:00:33 PM PDT by ding_dong_daddy_from_dumas (Mozart tells you what it's like to be human. Bach tells you what it's like to be the universe)
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