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- Facebook Expect to Be Fined Billions by FTC #CambridgeAnalytica
- Facebook Inc. shares jumped in late trading Wednesday, even as the company said it expects to pay a multibillion-dollar fine to the Federal Trade Commission. The company set aside $3 billion in legal expenses related to the investigation, which cut into its profit for the first three months of 2019. Facebook's profit for the quarter was $2.4 billion, a decrease of 51% from the same period a year ago. The company said it counts 2.7 billion monthly users across the its family of apps, which is unchanged compared to last quarter. Facebook saw its user base in Europe grow to 286 million daily active users, up from 282 million last quarter. The company’s user base in the U.S. and Canada remained flat quarter-to-quarter at 186 million.
- Facebook expects multibillion-dollar FTC fine, but stock still gains after earnings - MarketWatch
- https://www.marketwatch.com/story/facebook-earnings-account-for-expected-multibillion-dollar-ftc-fine-but-stock-still-gains-2019-04-24?mod=mw_theo_homepage
- FB Stock Price - Facebook Inc. Cl A Stock Quote (U.S.: Nasdaq) - MarketWatch
- https://www.marketwatch.com/investing/stock/fb?mod=MW_story_quote
- Facebook reports rare profit decline as it prepares for massive FTC fine - CNN
- https://www.cnn.com/2019/04/24/tech/facebook-q1-earnings/index.html
- Facebook to set aside $3bn over investigation - BBC News
- https://www.bbc.com/news/business-48045138
- Facebook Prepares for Multi-Billion Dollar Fine From the FTC | Time
- http://time.com/5577631/facebook-billion-fine-ftc-investigation/
- Facebook earnings Q1 2019
- https://www.cnbc.com/2019/04/24/facebook-earnings-q1-2019.html
- Facebook sets aside $3 billion ahead of record FTC fine over privacy violations - The Verge
- https://www.theverge.com/2019/4/24/18514805/facebook-q1-2019-earnings-ftc-record-fine-privacy-violations-3-billion?utm_campaign=theverge&utm_content=entry&utm_medium=social&utm_source=twitter
- Facebook expects to be fined billions by U.S. government - Axios
- https://www.axios.com/facebook-sets-aside-3-billion-for-potential-ftc-fine-fd4800ba-c140-41a9-b5ac-11b46adf7020.html?utm_source=twitter&utm_medium=social&utm_campaign=organic&utm_content=1100
- Facebook is spending at least $3 billion to deal with FTC privacy probe - CBS News
- https://www.cbsnews.com/news/facebook-is-spending-3-billion-to-deal-with-ftc-data-investigation/
- Facebook expects $3B-$5B fine over Cambridge Analytica | TheHill
- https://thehill.com/policy/technology/440514-facebook-says-it-expects-3b-5b-fine-over-cambridge-analytica-scandal
- Cambridge Analytica - Wikipedia
- https://en.wikipedia.org/wiki/Cambridge_Analytica
- Facebook | Federal Trade Commission
- https://www.ftc.gov/about-ftc/foia/frequently-requested-records/facebook
- Communications between FTC and Facebook, March 10, 2011 through March 20, 2018 - ftc_fb_commcns_mar11-mar18.pdf
- chrome-extension://oemmndcbldboiebfnladdacbdfmadadm/https://www.ftc.gov/system/files/documents/foia_requests/ftc_fb_commcns_mar11-mar18.pdf
- The Cambridge Analytica Files | The Guardian
- https://www.theguardian.com/news/series/cambridge-analytica-files
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