Facebook may be close to putting a Federal Trade Commission investigation behind it. But it faces a variety of other probes in Europe and the U.S., some of which could present it with even bigger headaches.
While the $5 billion fine from the FTC, which Facebook has been expecting, is by far the largest the agency has levied on a technology company, the real worries for Facebook — and its investors and the companies that use it to advertise on its service — are the other restrictions and government oversight that might come with it. This goes for the other investigations as well, which span the globe from the European Union, Germany, and Belgium to New York, Canada and elsewhere.
Facebook has enjoyed more than a decade of unfettered growth as Silicon Valley's golden child, trusted to regulate itself and keep its 2.4 billion users' interests at heart. The probe could potentially cost Facebook more than $2.3 billion in fines based on its 2018 revenue, or more if it makes more money this year, which is all but certain. The commission, which handles online data regulation for the European Union, has nearly a dozen open investigations on Facebook that include its subsidiaries WhatsApp and Instagram, which could carry additional . Facebook says it is cooperating with the investigations.The U.S.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
FTC Approves Roughly $5 Billion Facebook SettlementThe Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook over a long-running probe into the tech giant’s privacy missteps.
Leer más »
The FTC has approved a $5 billion settlement with FacebookBREAKING: The FTC has approved a $5 billion settlement with Facebook
Leer más »
Facebook stock moves higher after report of $5 billion FTC settlementFacebook Inc. shares moved to their highest prices of the day Friday afternoon after a report that the Federal Trade Commission voted to impose a record $5...
Leer más »
Report: FTC approves roughly $5B fine for FacebookThe FTC has voted to approve a fine of about $5 billion for Facebook over privacy violations, the Wall Street Journal reported Friday. Facebook and the FTC declined to comment. The Journal said the 3-2 vote broke along party lines, with Republicans in support and Democrats in opposition to the settlement
Leer más »
FTC approves $5B Facebook settlement that Democrats label 'chump change'Facebook's stock price rose in afternoon and after-market trading on Friday, after The Wall Street Journal first reported the settlement.
Leer más »