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

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.

×
Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

Facebook to pay $100 million to settle with SEC ov...
Mnuchin says Facebook must satisfy regulatory conc...

Related Posts