$5 billion fine doesn't mark the end of Facebook's troubles

$5 billion fine doesn't mark the end of Facebook's troubles

5 years ago
Anonymous $9jpehmcKty

https://apnews.com/9fba8cac4d9e470f95e52070a799412a

Facebook will pay a $5 billion fine for privacy violations and will be subject to broader oversight, but ongoing probes in Europe and the U.S. could present even bigger headaches for the company.

The FTC fine is by far the largest the agency has levied on a technology company. The settlement also comes with restrictions and government oversight.