Saturday, January 18, 2020

Facebook faces the risk of being fined billions of dollars

Featured

Mother cries beside her son’s coffin, among the victims of Ukrainian plane crash

A mother cried during the funeral of her son, one of the victims of the Ukrainian plane, which was...

NASA: 2019 Was the 2nd-Hottest Year on Record

According to independent analyses by NASA and the National Oceanic and Atmospheric Administration (NOAA), Earth's global surface temperatures in...

Prince Harry asks CEO Disney to give Meghan a job

Britain's Queen Elizabeth agreed that her grandson, Prince Harry and his wife, Megan, would give up their royal duties...
Izaan Zubair
Izaan Zubair
Izaan's expertise in technology urged him to write on emerging inventions, Hardware, Cyber-Security, Mobiles and so on. He is currently studying Machine learning, and aims to master it. He can be reached at: [email protected]

2018-2019 is a bad time for Facebook when it is constantly involved in the legal round, recently the risk of facing a bill of billions of dollars from FTC.

The Washington Post said Facebook was negotiating to resolve the problem of leaking user data over the past time with the FTC (US Federal Trade Commission) and if negotiations failed, the world’s largest social network may face a fine of up to billions of US dollars.

Previously, we have heard that the number of fines still holds a record of 22.5 million dollars. That’s the amount that Google has to pay, but now it is very likely that Facebook will be fined thousands of times this figure.

Specifically, in 2011 Facebook committed to the FTC about privacy and user data sharing for third parties. Then, in March 2018, FTC opened an investigation into the social network company.

Today, another report has shed light on Facebook’s inner workings. CNBC quoted the employees working at Facebook and staffed the company about having a list of former employees and those who had “alarmed” signs at the company. Even, Facebook also tracks the live position of former employees via data from Facebook applications when needed.

And if Facebook is concluded by FTC, the company will be subject to a two-way agreement of $ 41,282. On the other hand, if Facebook does not accept it, it will push to court and be fined up to billions of dollars.

 

Izaan Zubair
Izaan Zubair
Izaan's expertise in technology urged him to write on emerging inventions, Hardware, Cyber-Security, Mobiles and so on. He is currently studying Machine learning, and aims to master it. He can be reached at: [email protected]

Latest News

Mother cries beside her son’s coffin, among the victims of Ukrainian plane crash

A mother cried during the funeral of her son, one of the victims of the Ukrainian plane, which was...

Austrian Freedom Party asks government to provide clarification on cyber attack

Herbert Kickl, head of the Austrian Freedom Party, asked Federal Chancellor Sebastian Kurtz to provide urgent clarifications about the cyber attack to the Foreign...

NASA: 2019 Was the 2nd-Hottest Year on Record

According to independent analyses by NASA and the National Oceanic and Atmospheric Administration (NOAA), Earth's global surface temperatures in 2019 were the second warmest...

Canada: New driving laws will take effect from February 01

Police sources have confirmed that Canada’s new driving laws, which received royal assent earlier this year, will officially take effect in every province on...

Justin Trudeau: Black boxes of the stricken Ukrainian plane must be sent to France

Canadian Prime Minister Justin Trudeau urged Iran on Friday to send the record of the cockpit talks and flight data of the Ukrainian plane...

Related News