Facebook's $5B FTC fine was so laughable its stock price went UP after the announcement

In 2011, the US Federal Trade Commission put Facebook under consent decree after the company “deceived consumers by telling them they could keep their information on Facebook private, and then repeatedly [allowed] it to be shared and made public.” The way the FTC generally works is that if it catches a company doing something terrible, … Continue reading Facebook’s $5B FTC fine was so laughable its stock price went UP after the announcement