m
Latest
Connect with:
Thursday / September 19.

$5bn US fine set for Facebook on privacy probe


Author: 
AFP
article author: 
ID: 
1562990545326945800
Sat, 2019-07-13 03:59

WASHINGTON: US regulators have approved a $5 billion penalty to be levied on Facebook to settle a probe into the social network’s privacy and data protection lapses, the Wall Street Journal reported Friday.
The newspaper said the Federal Trade Commission approved the settlement in a 3-2 vote, with the two Democratic members of the consumer protection agency dissenting.
According to the report, the deal, which would be the largest penalty ever imposed by the FTC for privacy violations, still needs approval from the Justice Department before it is finalized.

Main category: 



via AN