FOX news says FTC looking into facebook.
The fine is 40k dollars per user under surveillance.
This would be a 2 Trillion dollar fine according to Fox.
Boom!!!
Where's Zuck? Facebook CEO silent as data harvesting scandal unfolds
Amid calls for investigation and a #DeleteFacebook campaign, company releases an official statement but its figurehead keeps quiet
Possible 2 Trillion dollar fine from FTC
Zuker afraid of the Band of Anons
#DeleteFacebook surging
https: //www.theguardian.com/news/2018/mar/19/where-is-mark-zuckerberg-facebook-ceo-cambridge-analytica-scandal
Facebook May Be Fined Trillions of Dollars For FTC Violation
$40,000 USD for each and every fine.
By Isaac Rouse/23 Hrs ago/Tech
24,960 Hypes45 Comments
Facebook may be fined an obscene amount of money by the Federal Trade Commission if officials find that the company committed a violation in relation to the recent Cambridge Analytica mishap. Each fine could be up to $40,000 USD, according to The Washington Post. However, in Facebook’s case, each user whose data was harvested can be considered a single violation, racking the fine up to $2 trillion USD.
The FTC consent decree explicitly states users must give their consent before any data is shared about them that has not been issued as private by the users. Cambridge Analytica received data not just about Facebook users who allowed their information to be shared, of which they subsequently harvested non-related data, but information from those users’ friends as well — just for being in association with those whose information was originally harvested. FTC officials believe this to be a violation of the aforementioned consent decree.
also on fox news
https: //hypebeast.com/2018/3/facebook-fine-ftc-violation-cambridge-analytica
The Facebook revelations have also prompted transatlantic reactions. The chairman of a British parliamentary committee announced Tuesday he was requesting that Facebook CEO Mark Zuckerberg — who has remained silent for days — appear before the panel to supplement prior testimony by the company's executives.
If the FTC finds Facebook violated terms of the consent decree, it has the power to fine the company more than $40,000 a day per violation.
over the use of personal data of 50 million users
http ://www.latimes.com/business/technology/la-fi-tn-facebook-ftc-20180320-story.html
Former Employee: ‘Horrifying’ Misuse of User Data Was Routine at Facebook
…’Hundreds of Millions’ Can Expect Privacy Breached… Thats more then a 2 Trillion dollar fine!!!!
…’I Know They Could Have Prevented It’
Sandy Parakilas, a former Facebook platform operations manager, claimed the company’s “horrifying” misuse of user data was routine, and that Facebook preferred to have “no idea” what third parties were doing with the freely available data.
In their report, the Guardian noted that “hundreds of millions of Facebook users are likely to have had their private information harvested
http ://www.breitbart.com/tech/2018/03/20/former-employee-horrifying-misuse-of-user-data-was-routine-at-facebook/
Not 50 million users 2 Trillion dollar fine
but 100 million users 4 Trillion dollar fine!!!!