Facebook rebounds from record fine
Facebook has swiftly shrugged off the record $5 billion fine it was handed this week by the Federal Trade Commission for mishandling users’ data. After being hit with the largest penalty ever imposed on a tech company for violating consumers' privacy rights, the social media juggernaut unveiled resilient, better-than-expected earnings results — posting a $2.6 billion profit. Facebook's earnings reveal was followed by an announcement that it is under another investigation by the FTC — this time for possible antitrust violations.