Mark Zuckerberg actually got $1 billion richer following the news of Facebook's $5 billion fine for the biggest scandal in the company's history (FB)
Monday, 15 July 2019
· *The Federal Trade Commission approved a $5 billion Facebook fine last week as a result of its investigation into the Cambridge Analytica scandal.*
· *Facebook shares actually jumped on the news, rising 1% — the highest it's been in the past 12 months.*
· *As Facebook's primary stockholder, CEO Mark Zuckerberg stands to ...
Credit: CBS 5 SF KPIX - Published
on July 13, 2019 < > Embed
At $5 billion, the fine the U.S. Federal Trade Commission is about to levy on Facebook is by far the largest it’s given to a technology company. Betty Yu reports. (7-12-19) FTC Approves $5 Billion Fine for Facebook 01:55
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