Facebook's privacy issues are no longer affecting the stock, analyst says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Facebook agreed to pay a $5 billion fine and change its privacy practices in a settlement with the FTC. 'We think data privacy issues are behind the stock now,' says Mark Zgutowicz, senior analyst covering technology for Rosenblatt Securities.

Facebook was in focus on Thursday morning as the social media giant agreed to pay a $5 billion fine and change its privacy practices in a settlement with the FTC. Mark Zgutowicz, senior analyst covering technology for Rosenblatt Securities, joins "Squawk Box" with his analysis.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Who they pay the 5 billion to Should go back to the users who’s data and personal info was compromised!! Smh

And they still have money left over to promote their OWN currency!! Hahahaha💴 facebooknews

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines