Facebook settlement confirmed: Are $5 billion fine and limits on Zuckerberg enough?

Facebook settlement confirmed: Are $5 billion fine and limits on Zuckerberg enough?

5 years ago
Anonymous $9jpehmcKty

https://www.siliconvalley.com/2019/07/24/facebook-settlement-confirmed-are-5-billion-fine-and-limits-on-zuckerberg-enough/

The FTC has fined Facebook $5 billion in a settlement the agency promises will result in real change in how the social networking giant handles its users’ information.

The Federal Trade Commission on Wednesday confirmed numerous reports that it approved an “unprecedented” settlement on July 24 — it includes the largest privacy fine ever — after a yearlong investigation into whether the company had violated terms of a previous privacy settlement.

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