Monday, June 15, 2026
HomeEconomyFacebook paid 4.2 billion to 'protect' Zuckerberg from scandal

Facebook paid 4.2 billion to ‘protect’ Zuckerberg from scandal

Published on

a Facebook paid nearly $5 billion (about €4.2 billion) to the FTC to protect Mark Zuckerberg from individual prosecution by the US agency in the Cambridge Analytica scandal, say a group of contributors to a lawsuit announced this Tuesday and reported by Politico.

This 4.2 billion was paid in addition to the 90.3 million euros in a settlement created in this case because Facebook did not alert its investors about the Cambridge Analytica data collection.

“Zuckerberg, Sandberg, and other Facebook executives have agreed to authorize the multibillion-dollar settlement with the FTC as an “explicit trade-off” to protect Zuckerberg from being named in the FTC complaint, holding him personally liable, or even committing to making a statement,” he notes. company.

In introducing this process, the contributors argue that “Zuckerberg systematically filled management with friends, associates, and employees.” “When directors muster the courage to stand up to him or speak out, Zuckerberg pushes them away,” the contributors add.

“It’s no surprise that the administration has never seriously captured Zuckerberg’s absolute power. Instead, he empowered it, defended it, and pushed billions of dollars out of Facebook coffers to get him out of his trouble.”

Read also: Justice orders Facebook to release accounts about threats against Rohingya

Always be the first to know.
Consumer Choice for the fifth year in a row for online journalism.
Download our free app.

Download the Apple Store
Download Google Play

Latest articles

Inside the CBS News Clash Over Bari Weiss, David Ellison, and the Future of 60 Minutes

A growing internal battle at CBS News has erupted into one of the most...

Trump Cancels ‘Freedom 250’ Concerts, Replaces Event With Major Rally in Washington

Artists Exit Planned National Mall Concert Series President Donald Trump has officially canceled the “Freedom...

Police Arrest Son of James Handy’s Girlfriend in Fatal Los Angeles Stabbing

Veteran Actor James Handy Dies After Stabbing at Los Angeles Home Los Angeles police have...

Rare Fossil Discovery in Germany Reinforces Darwin’s Theory of Evolution

A remarkably well-preserved fossil discovered in southern Germany is offering new support for a...

More like this

Inside the CBS News Clash Over Bari Weiss, David Ellison, and the Future of 60 Minutes

A growing internal battle at CBS News has erupted into one of the most...

Trump Cancels ‘Freedom 250’ Concerts, Replaces Event With Major Rally in Washington

Artists Exit Planned National Mall Concert Series President Donald Trump has officially canceled the “Freedom...

Police Arrest Son of James Handy’s Girlfriend in Fatal Los Angeles Stabbing

Veteran Actor James Handy Dies After Stabbing at Los Angeles Home Los Angeles police have...