Here’s where Facebook’s record $5 billion fine goes

Source: Annie Palmer - CNBC

Facebook’s record-breaking $5 billion fine for user privacy issues came in a settlement with the Federal Trade Commission, but the cash-strapped agency isn’t expecting any windfall to its budget. By law, the money goes to U.S. Treasury’s general fund, according to the F.T.C.

Read Full Article: Here’s where Facebook’s record $5 billion fine goes

 

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