Facebook’s $5 billion FTC fine is an embarrassing joke - The Verge
The fines are starting to role in but what is the true cost endured? $5 billion might seem like a lot to many and too few to others, but the fact is the company's stock shook it off with ease and its consumers don't feel any more vindicated.
Facebook’s $5 billion FTC fine is just one month of Facebook revenue, and the stock price is actually up...
@videosteemit, In my opinion these giant companies never goes in loss and these kind of fines will not going to effect them no matter how many times they have to pay the fine.
The reality is, these giant companies in every situations stands with surplus of money.
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Yeah spread out however long it takes to pay and im sure the sting is but a prick on the thumb
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👍👍
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Give it till Next week for it to sink in a months worth a revenue lost to a fine is a lot in terms of stocks.
Eh. Dunno. They got so much cash and cash flow. And im sure much downside was factored in already.
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