Facebook told investors it’s setting aside $3 billion to cover an impending fine from the FTC, to settle an investigation which was opened in the wake of the Cambridge Analytica scandal. The matter remains unresolved, but the company is estimating the fine will be between $3 billion and $5 billion.
Facebook has gone into damage control (again) following explosive accusations of underhanded lobbying, smear campaigns and anti-semitism. Leadership Webinar: Which-50’s 2019 Outlook and Business Transformation Drivers webinar is set for November 27. Register today! Last week, a New York Times investigation revealed the social media giant had, in the midst