Facebook still owes the U.S. government $5 billion.
The cute young asian girls sex videossocial media giant has yet to make good on its debt to the American people following a record fine levied by the Federal Trade Commission in July. While the specifics of the settlement are still being challenged, it's worth asking what happens next with all that money — assuming this all eventually gets worked out.
I mean, it's not like Mark Zuckerberg can just walk one of those giant novelty-sized checks over to the the While House. However, don't think for a second that the exact manner and timing of the payment hasn't been precisely dialed in.
The fine, lest you forget, followed an FTC investigation kicked off by the Cambridge Analytica privacy scandal. The government determined that Facebook violated a 2011 settlement with the FTC that also dealt with issues of consumer privacy — specifically, the issue that Facebook deceived its users in regard to what it did with their data.
Sound familiar?
So yeah, Facebook is kind of a repeat offender here. A repeat offender, it's worth adding, that still hasn't paid up. As the Wall Street Journalreports, the settlement has yet to be finalized over concerns that it's too generous to Facebook.
And yes, you read that correctly. Too generous to Facebook.
Critics of the deal, notes the Journal, insist that it indemnifies Facebook against all kinds of past wrongdoing — including stuff that we may not presently know about. In other words, it gives the corporate behemoth a bit of a get-out-of-jail-free card should past transgressions come to light.
"The proposed release is so vague," wrote Electronic Privacy Information Center president Marc Rotenberg in a court filing picked up by the Journal, "and the scope of immunity Facebook would gain is so indeterminately broad, that the Court should reject it as procedurally unfair."
Facebook and the government have until Jan. 24 to respond to this accusation. But should the presiding judge OK the settlement, then Facebook will have to move fast. It won't have much time to transfer that $5 billion.
In fact, according to the initial court order, Facebook will only have seven days to pay the fine.
"Defendant is ordered to pay to Plaintiff, by making payment to the Treasurer of the United States, FIVE BILLION dollars ($5,000,000,000.00), which, as Defendant stipulates, its undersigned counsel holds in escrow for no purpose other than payment to Plaintiff," reads the order. "Such payment must be made within 7 days of entry of this Stipulated Order by electronic fund transfer in accordance with instructions specified by a representative of Plaintiff."
And if Facebook slow walks handing over the cash? Say hello to some serious interest payments.
"In the event of any default in payment," continues the order, "the entire unpaid amount, together with interest, as computed pursuant to 28 U.S.C. § 1961 from the date of default to the date of payment, shall immediately become due and payable."
That the U.S. Treasury will be on the receiving end of this settlement is par for the course. According to FTC spokesperson Juliana Gruenwald Henderson, "[all] civil penalties paid to the FTC including this one go to the U.S. Treasury."
SEE ALSO: Glowing Facebook story pulled from Teen Vogue following serious WTFs
Henderson unfortunately did not answer our question as to whether this money would go into a general fund, or be earmarked for anything specific. But hey, maybe that's putting the cart before the horse — Facebook, after all, needs to pay the damn thing first.
Topics Facebook Social Media
Houston Rockets vs. Dallas Mavericks 2025 livestream: Watch NBA online
Redux: Eerie Fictions of the Afternoon by The Paris Review
The best internet moments of 2023
A Tribe Called Quest Is Gone, but Hip
HP Touchscreen Laptop deal: Get $240 off at Best Buy
Meet Carrie Bradshaw's biggest critic
The Laws of the Fairy
Cincinnati Bengals vs. Jacksonville Jaguars 2023 livestream: Watch NFL for free
Trump who? Tech giants join massive effort to uphold Paris Agreement
Poetry Rx: Suddenly Something Snaps by Kaveh Akbar
Clean energy projects soared in 2016 as solar and wind got cheaper
How to Look at a Desert Sunset by Bruce Berger
Whiting Awards 2019: Merritt Tierce, Fiction
W. S. Merwin, 1927–2019 by The Paris Review
Internet for All
The Poetic Consequences of K
American Blood: An Interview with Mitchell S. Jackson by Annie DeWitt
Wordle today: The answer and hints for December 3
11 Tech Products That Were Supposed to Fail... But Didn't
A Poet’s Complaints Against Fiction by Anthony Madrid
The First Abstract Painter Was a Woman by Nana AsfourTed Cruz EroticaUgliness Is Underrated: Ugly Fashion by Katy KelleherThe Celestial Memory Palace by Aysegul SavasCooking with Nescio by Valerie StiversRedux: The Shopping Mall of Loss by The Paris ReviewPolitical Fiction: Unraveling America at a West Wing Fan ConventionRedux: The Shopping Mall of Loss by The Paris ReviewLudmilla Petrushevskaya, Fabulist and Fabulous Singer by The Paris ReviewPoetry Rx: You Could Make This Place Beautiful by Sarah KayRedux: You Only Vote Once in a While by The Paris ReviewSelections from Leonard Cohen’s NotebooksStaff Picks: Big Fish, Bombay, and Busted Pinkie Toes by The Paris ReviewStaff Picks: Whisky Priests, World’s End, and Brilliant Friends by The Paris ReviewBecoming Radicalized: An Interview With John WrayThe Celestial Memory Palace by Aysegul SavasUgliness Is Underrated: Ugly Fashion by Katy KelleherThe First Abstract Painter Was a Woman by Nana AsfourA Comic about ‘Pet Sounds,’ Prom, and AcidPoetry Rx: When You Weep, Sorrow Comes Clean Out by Kaveh Akbar White House plans to admit 110,000 refugees to U.S. in 2017 Check out some of 2016's best astronomy photography Sweet little princess is terrified of Donald Trump Not everyone is happy Jimmy Fallon messed with Donald Trump's hair These new devices could help diagnose pneumonia on the spot Apple is consoling angry iPhone 7 fans with gift cards The top 50 marketing influencers on Snapchat (that aren't DJ Khaled) Here's how to use apps with Siri in iOS 10 Kanye West sees himself as the Will Ferrell in 'Elf' of fashion Taylor Swift's cat committed a grievous crime against Taylor Swift Mum raises awareness for childhood cancer with heartbreaking school photo Freshman might be the most demanding roommate ever The many controversies of 'The Dr. Oz Show' 3 things recruiters consider when a good candidate is under Man ticketed for speeding 88 mph in DeLorean claims he wasn't trying to time travel Motorola tricks Apple fans into thinking Moto Z is new iPhone Petition to get Steve Irwin on Aussie currency is really, really popular Why you can't get an iPhone 7 Plus on launch day The NFL Shop temporarily killed the Harambe jersey Hero saves smallest kitten ever on busy highway
2.7909s , 8612.796875 kb
Copyright © 2025 Powered by 【cute young asian girls sex videos】,Inspiration Information Network