Why Facebook's new 'privacy cop' is doomed to fail
- Written by Bhaskar Chakravorti, Dean of Global Business, The Fletcher School, Tufts University
Who's watching Facebook watch you?alphaspirit/Shutterstock.comThe Federal Trade Commission issued its largest-ever fine, of US$5 billion, to Facebook for violating a 2011 privacy settlement in late July. But the amount is only about a month’s worth of the company’s revenue, suggesting that the fine, while seeming large, is, in fact,...
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