
Facebook’s $5B U.S. Privacy Settlement
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Business
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University
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Hard
Wayground Content
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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.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What upcoming events are scheduled for Facebook in Washington?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Which other tech companies are mentioned as testifying before Congress?
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