Facebook to settle FTC probe for $5 billion, pending Justice Department approval

13 July 2019
The more than year-long investigation into Facebook's privacy practices is set to come to an end.

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People talking here like Just because the company is valued in like 100 billion all that money is in Mark Zuckerberg's bank account.

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    • grr
    • MDH
    • 15 Jul 2019

    Facebook's engagement is down 40% yoy

      • g
      • ggt
      • MDH
      • 15 Jul 2019

      Anonymous, 14 Jul 2019Facistbook will never go bankrupt, don't get your hopes up.... moreJP Morgan is very busy adding new accounts lately

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        • AnonD-731363
        • SH3
        • 15 Jul 2019

        Well you can even delete your account but facistbook will remember it.
        You can even report tons of advertising over there such as casinos or sexual content but it will be stil there and you will still see it.
        If i report something it would and should be removed once and for all users.

          PiT, 14 Jul 2019Everyone's using Facebook less, probably because it sucksUsing it less won't even make a difference. It'll still keep collecting all of your data.

            AnonD-558092, 13 Jul 20195G$. That's nothing for a company valued at 580G$. I hope t... moreYou're right.
            And for people doubting this, have a look at the size of Facebook as an entity on the internet:
            http://internet-map.net/Content/info/info-eng.jpg

            https://img.purch.com/w/660/aHR0cDovL3d3dy5saXZlc2NpZW5jZS5jb20vaW1hZ2VzL2kvMDAwLzAyOS80NzAvb3JpZ2luYWwvaW50ZXJuZXQtbWFwLmpwZw==

            http://internet-map.net

            It looks like USA alone makes 40% of the Internet. The next 40% is made of up China, India, Japan, Russia. The next 15% is made of Europe. And the final 5% is split between a hundred other countries. You can literally compare how it is to be a big fish (service) in a small pond (network), to a small fish (service) in a big pond (network).

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              • Anonymous
              • ptD
              • 14 Jul 2019

              Facistbook will never go bankrupt, don't get your hopes up. As long as people are into it, it will thrive, and a lot of people have Facebook accounts.

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                • AnonD-875568
                • KcV
                • 14 Jul 2019

                i dont care ...idk know why im here...im just want to said i need that "ARK OS"...please some on stop this facebook apps,its draining my battery!

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                  • PiT
                  • S4b
                  • 14 Jul 2019

                  Everyone's using Facebook less, probably because it sucks

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                    • Elektra
                    • rKY
                    • 14 Jul 2019

                    Sell the data for trillions, buy them for $5B... Good deal huh....

                      I read somewhere that $5B is like 9% of their revenues. I hope it really pricks them tho... Let's say that's the karma they get for jailing me for like 12 times(30 days x 12)

                        Facebook is a damn virus, should not be legal... 5 billion is a big joke, its nothing for Suckerberg.

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                          • Anonymous
                          • GQd
                          • 13 Jul 2019

                          Anonymous, 13 Jul 2019Shut it down Oy vey

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                            • wasox
                            • 8Vt
                            • 13 Jul 2019

                            FB is a cancer, period

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                              • pist
                              • mvN
                              • 13 Jul 2019

                              Shutdown bad companies

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                                • Popy
                                • D02
                                • 13 Jul 2019

                                They will now find a better way to do it

                                  • ?
                                  • Anonymous
                                  • KSu
                                  • 13 Jul 2019

                                  Shut it down

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                                    • AnonD-558092
                                    • IBL
                                    • 13 Jul 2019

                                    5G$. That's nothing for a company valued at 580G$. I hope the DoJ interjects because this fine won't entice Facebook to change anything. Plus the settlement doesn't include any measure to change the situation. Just pay, say you awe vewy sowwy, pwomis you won't do it again and you are off the hook. Sigh.