A new report from The New York Times says that the Federal Trade Commission is having trouble agreeing on a suitable punishment for Facebook’s privacy lapses, and that its members are specifically trying to determine whether or not CEO Mark Zuckerberg should be held personally responsible.
Facebook is reportedly facing a huge fine from the FTC over its highly-public privacy lapses, and has said that it’s setting aside $3 billion to cover that fine, and could be required to create new, privacy-focused positions within the company. $3 billion would be a slap on the wrist for the company, given that it pulled in $15.1 billion in revenue last quarter.
The Times’ report says that the FTC wants to make a statement with a massive penalty...
from The Verge - All Posts http://bit.ly/2Ln5hCP
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