Facebook would likely brush off a $5 billion fine from the FTC

Facebook logo.
(Image credit: JOEL SAGET/AFP via Getty Images)

Oh, the wonders of Silicon Valley.

Facebook said on Wednesday that it expects to face a fine of up to $5 billion from the Federal Trade Commission for allegedly violating a 2011 privacy consent decree. The New York Times reports that the total would be a record penalty for a technology company by the agency. But at the end of the day, it doesn't seem like the social media company will lose much sleep over the amount.

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