Facebook’s $5B U.S. Privacy Settlement

The video discusses the $5 billion fine imposed by the FTC on Facebook, highlighting that while it is the largest privacy fine in the US, it represents only a small fraction of Facebook's annual revenue. The settlement has faced criticism for not being stringent enough. The video also covers upcoming testimonies for tech companies, including Facebook, in Washington, focusing on issues like cryptocurrency Libra and antitrust investigations.

What was the amount of the largest privacy fine imposed on Facebook by the FTC?

• $50 billion

• $5 million

• $20 million

• $5 billion

What percentage of Facebook's annual revenue does the $5 billion fine represent?

• About a quarter

• About a third

• About a tenth

• About a half

What is a potential focus of the settlement conditions with Facebook?

• Restrictions on hiring

• Restrictions on data usage

• Restrictions on mergers

• Restrictions on advertising

Which cryptocurrency associated with Facebook is under scrutiny?

• Ethereum

• Ripple

• Libra

• Bitcoin

Which tech companies are involved in the antitrust hearings in Washington?

• Google, Facebook, and Amazon

• Netflix, Hulu, and Disney

• Apple, Microsoft, and IBM

• Twitter, Snapchat, and TikTok