Facebook will reportedly be fined a record $5 billion over privacy mishaps

CNET | 7/12/2019 | Queenie Wong
jster97 (Posted by) Level 3
The FTC has been looking into whether Facebook violated a legal agreement it had with the US government to keep its users' data private.

The Federal Trade Commission is expected to hit Facebook with a record-setting $5 billion fine for its alleged privacy mishaps. The Wall Street Journal, citing people familiar with the matter, reported Friday that commissioners voted 3-2 this week along party lines to approve the settlement with the social network.

Republican - Majority - Favor - Settlement - US

The Republican majority was in favor of the settlement, which still has to be finalized by the US Justice Department's civil division. The penalty against Facebook would...
(Excerpt) Read more at: CNET
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