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META Meta Platforms Inc

452.48
10.80 (2.45%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Meta Platforms Inc NASDAQ:META NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.80 2.45% 452.48 451.50 453.20 454.17 444.00 445.70 16,488,463 05:00:02

Facebook Could Receive Record Fine From FTC, Sources Say -- WP

18/01/2019 9:06pm

Dow Jones News


Meta Platforms (NASDAQ:META)
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-- The U.S. Federal Trade Commission is considering imposing a record fine against Facebook for violating an agreement to protect users' data, The Washington Post reports Friday, citing "three people familiar with the deliberations."

-- Facebook has spoken with the FTC, but it is unclear if the company would try to make a settlement with the agency, the report said.

-- The expectation is the penalty against Facebook would be much larger than the $22.5 million fine the FTC imposed on Google in 2012, the report said.

 

Full story: https://www.washingtonpost.com/technology/2019/01/18/us-regulators-have-met-discuss-imposing-record-setting-fine-against-facebook-some-its-privacy-violations/?utm_term=.13537b1a9181

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

January 18, 2019 15:51 ET (20:51 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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