Facebook readies for $5bn pay-out

By Janko Roettgers
Updated April 25 2019 - 7:38am, first published 7:37am
Facebook is readying itself for a $US5 billion pay-out due to a probe into its privacy practices.
Facebook is readying itself for a $US5 billion pay-out due to a probe into its privacy practices.

Facebook expects to pay as much as $US5 billion ($A7 billion) because of an ongoing Federal Trade Commission investigation into its privacy practices, the company has revealed in its first quarter earnings release

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