In the context of Facebook’s explosive ad business, the FTC’s expected and “unprecedented” $3-5 billion fine won’t rock the social network very much.
The Federal Trade Commission said it would levy a “record-setting” fine against Facebook for the company’s many privacy sins. But, it turns out, the fine won’t likely harm Facebook very much or for very long. It’ll be more like a wrist slap–a loud sound but not much real sting.Read Full Story
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