Facebook FTC loss $3-5 billion… but Zuck said this is fine

Facebook’s earnings call this afternoon warned investors that they’d be incurring a between three and five billion USD loss due to their FTC inquiry case. As Facebook suggested, “this matter remains unresolved,” and they’ve made no assurances “as to the timing or the terms of any final outcome.” But don’t worry, everything is ok, we’ll all be ok, really! In … Continue reading