https://www.reuters.com/article/us-facebook-ftc/facebook-to-create-privacy-panel-pay-5-billion-to-u-s-to-settle-allegations-idUSKCN1UI2GC >The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay $5 billion, two people briefed on the matter said.