Facebook Expects to Be Fined Up to $5 Billion by F.T.C. Over Privacy Issues – The New York Times
The social network disclosed the amount in its quarterly financial results, saying it estimated a one-time charge of $3 billion to $5 billion in connection with an “ongoing inquiry” by the F.T.C. Facebook added that “the matter remains unresolved, and there can be no assurance as to the timing or the terms of any final outcome.”
