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-0.000769822940723634 -0.000530254041570363 -0.00169361046959203 0.000585065434949954 0.00194056966897614 -0.00098537336412623 -0.00600461893764431 -0.00477290223248656
Stock impact report

Facebook Could Pay Multi-Billion Dollar Fine in FTC Settlement [TheStreet.com]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Company Research Source: TheStreet.com
Facebook Could Pay Multi-Billion Dollar Fine in FTC Settlement Facebook Inc. ( FB The penalty imposed by the FTC likely would be a multi-billion dollar fine, which would easily be the largest fine ever issued to a tech company by the FTC. In 2012, Alphabet Inc.'s ( GOOGL The two sides are still negotiating the amount of the fine. If no agreement is reached, the FTC could take the issue to court, according to the Washington Post. Facebook's privacy issues date back to 2012. Facebook settled a case with the FTC in August 2012, when the two parties reached an agreement that "Facebook must obtain consumers' consent before sharing their information beyond established privacy settings," according to a press release from the FTC published at the time the deal was made. Facebook's privacy issues continued last March when news broke that Cambridge Analytica, a political research company, had harvested user data beyond what was acceptable. It later became evident that Facebook likely was aware Show less Read more
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