Apr 25 2019 by Business Insider
The $3 billion to $5 billion fine
Facebook expects to pay to settle a Federal Trade Commission inquiry sounds big, but for the company, it really isn't.
As part of its earnings report Wednesday, Facebook announced
it was setting aside $3 billion to pay the potential fine, although it noted that a deal with the agency isn't yet done.
Facebook has $45 billion in cash and securities on hand and generates $5 billion in cash each quarter, even after investments in property and equipment, so it...
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