The FTC and Facebook are negotiating a record, multibillion-dollar fine for the company's privacy lapses

Finally, billions, not millions. Fuck these negotiations: tell them it's $20 billion and take them to court if they don't accept it.

Nail on the head there from John Gruber. A $20 billion fine would equate to approximately $10. Facebook paid less than $29 a user when they bought Instagram.

Catch up on more of Facebook's shadiness here, here, here and here