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Report: FTC approves roughly $5B fine for Facebook

Report: FTC approves roughly $5B fine for Facebook

5 years ago
Anonymous $9jpehmcKty

https://apnews.com/7fa2c8a26b34436d89a1c7aff9914f70

SAN FRANCISCO (AP) — The FTC has voted to approve a fine of about $5 billion for Facebook over privacy violations, the Wall Street Journal reported Friday. The report cited an unnamed person familiar with the matter.

Facebook declined to comment; the FTC did not immediately respond to messages for comment. The Journal said the 3-2 vote broke along party lines, with Republicans in support and Democrats in opposition to the fine.