Facebook to pay record $5 billion U.S. fine over privacy violations; critics call it a bargain

Facebook to pay record $5 billion U.S. fine over privacy violations; critics call it a bargain

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-facebook-ftc/facebook-to-pay-record-5-billion-u-s-fine-over-privacy-violations-critics-call-it-a-bargain-idUSKCN1UJ1L9

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

Facebook to pay record $5 billion U.S. fine over privacy violations; critics call it a bargain

Jul 24, 2019, 2:15pm UTC
https://www.reuters.com/article/us-facebook-ftc/facebook-to-pay-record-5-billion-u-s-fine-over-privacy-violations-critics-call-it-a-bargain-idUSKCN1UJ1L9 >Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the U.S. Federal Trade Commission said on Wednesday.