Facebook will likely view the fine as collateral damage of

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According to Forbes , Zuckerberg is worth nearly $68 billion, almost entirely from his stake in Facebook. Even in the worst-case scenario, the FTC fine wouldn't be even 10% of that. As much as $5 billion sounds like a big number, and is much higher than what the FTC has done in the past, it's basically not that much money for Facebook or Zuckerberg. Such a large fine is not going to hurt the company . It's not going to force her to make massive changes. In fact, there's a huge chance that a fine that size won't even encourage the company to think twice before violating users' privacy again.

  Zuckerberg launches veiled attack on Apple after Facebook's privacy reorientation Consider this: Facebook already knew in September 2015 that Cambridge Analytica had illicitly obtained data from Facebook SW Business Directory users, Business Insider explained  . Since then, the social network has generated about $52 billion in cash from its operations, even after subtracting its capital expenditures on equipment and equipment. Viewed from a moral-free standpoint, a $5 billion fine when you're making $52 billion in cash is a big deal. Facebook investors and analysts certainly seemed to see things that way. On the stock market, after the news became known, the company's shares have risen 8%.



In a brief note on the report, Gene Munster, a financial analyst who is now managing partner at Loup Ventures, states, "Facebook weathers the storm, looks to the future." Now, it is quite possible that the Commission, together with the fine, will force Facebook to accept certain restrictions on its business. But the company isn't worried about that. The FTC was asleep for years in monitoring Facebook's compliance with the latest agreement the two sides reached the last time the agency found the company was violating users' privacy. If the past is a sign of what may happen, it is very likely that Facebook will not find itself caught in a situation like this again, at least for a few years, no matter how much it reneges on the impending agreement.