Discover and read the best of Twitter Threads about #5BILLION

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Holy Cow!!

washingtonexaminer.com/policy/a-5-bil…
@Facebook just got handed a #5BILLION fine for their #CambridgeAnalytica data breach!

FIVE BILLION DOLLARS!

It’s time for these massive social media sites to become accountable!

#BigBrotherIsWatching
The government agency’s maximum fine for privacy violations stands at $41,484 per affected consumer. An estimated 71 million U.S. residents had their data shared with #CambridgeAnalytica
If 71 million users were affected, max penalty for the #CambridgeAnalytica breach would be $2.9 trillion. Given that #Facebook’s total revenue in 2018 was $55 billion, “the FTC would effectively be putting them out of business” with a max fine for #CambridgeAnalytica violations.
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