Federal Trade Commission having trust issues related to Facebook
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Fb shared its July earnings to pacify FTC(Federal Trade Commission). Fb beat its expectations on earnings and revenue for the 2nd quarter. In June FTC also carried out an antitrust investigation against Fb which they knew about. FTC charged $5 billion as a fine on Fb due to its privacy dealings and Cambridge Analytical scandal. The Department of Justice is investigating antitrust issues related to big tech companies.