Facebook to pay record $5 billion U.S. fine over privacy; faces antitrust probe

Facebook to pay record $5 billion U.S. fine over privacy; faces antitrust probe

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-facebook-ftc/facebook-to-pay-record-5-billion-u-s-fine-over-privacy-faces-antitrust-probe-idUSKCN1UJ1L9

Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and will boost safeguards on user data, the U.S. Federal Trade Commission and the social media company said on Wednesday.

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