Brian Fung | @[email protected]

@b_fung ↗

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Wed Jul 24 14:57:29 +0000 2019

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Brian Fung | @[email protected] @b_fung

Also new: Facebook’s opening offer to the FTC when they sat down to talk fines? $0, James Kohm, director of the FTC’s enforcement division, told me in an interview this morning. FB later upped that to $100 million, but its highest offer was only $1 billion. — PolitiTweet.org

Posted July 24, 2019 Hibernated

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Brian Fung | @[email protected] @b_fung

JUST IN: The FTC has announced an unprecedented $5 billion settlement with Facebook over its privacy mishaps https://t.co/8mpC327Iiw — PolitiTweet.org

Posted July 24, 2019 Hibernated

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Brian Fung | @[email protected] @b_fung

That’s obviously less than the $5 billion it ultimately agreed to pay, but also a far cry from the double-digit billions the FTC initially sought as its opening position. — PolitiTweet.org

Posted July 24, 2019 Hibernated