Post a Comment Print Share on Facebook


Quarterly figures: Facebook to submit to, despite threat of penalties

Facebook threaten because of continuing problems with data protection horrendous penalties - the group has put five billion dollars back. Still, the sales exceeded expectations and grew by 26 percent.

Facebook expects that the recent data protection scandals, the cost of the Online network of up to five billion dollars. In connection with corresponding investigations of the U.S. trade authority, the FTC Facebook put aside in the last quarter of three billion dollars. Overall, the load could reach five billion dollars, the company said after U.S. market close on Wednesday.

The investigations, the FTC may, for example, with a penalty or with a comparison. The trigger for the investigation, especially the scandal of the Cambridge Analytica. Facebook has cash reserves of over 45 billion dollars.

investors are not affected by

The investors were relaxed after the announcement of the reserve: The share of the Online platform to put in after-hours trading by nearly five per cent after it recorded since the beginning of the year is already a Plus of nearly 40 percent. Sales increased by 26 percent in is 15.08 billion dollars, the group said.

Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.