Economy

Facebook paid 4.2 billion to “protect” Zuckerberg from scandal

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A Facebook paid nearly $ 5 billion (about € 4.2 billion) to the US Federal Trade Commission to protect Mark Zuckerberg from an individual US agency lawsuit over the Cambridge Analytica scandal, according to a shareholder lawsuit that was leaked during Tuesday. It is reported by Politico.

This 4.2 billion was paid in addition to the € 90.3 million settlement set in this case because Facebook did not alert its investors about Cambridge Analytica’s data collection.

“Zuckerberg, Sandberg and other Facebook directors have agreed to allow a multibillion-dollar settlement with the FTC as direct“ revenue for the service ”to protect Zuckerberg from being named in a FTC complaint, being held personally liable, or even liable. submit an application, “- notes the process of a group of shareholders of the company.

In implementing this process, shareholders claim that “Zuckerberg has methodically filled the administration with friends, friends, and co-workers.” “When directors get the courage to confront him or speak out, Zuckerberg pushes them away,” shareholders add.

“Unsurprisingly, the administration never took Zuckerberg’s unlimited power under serious control. Instead, he turned it on, defended it and paid billions of dollars from Facebook’s coffers to save it from problems, ”the shareholder lawsuit says.

Read also: Justice orders Facebook to disclose reports of threats against Rohingya

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