Facebook will have to pay a record-breaking fine for violating users’ privacy

Facebook will have to pay a record-breaking fine for violating users’ privacy

Facebook will have to pay a record-breaking fine for violating users’ privacy

Now, as federal regulators finalize a settlement with Facebook, some critics say their fears were justified. The package of penalties for Facebook’s past privacy scandals includes a record-breaking $5 billion fine and unprecedented government oversight of its business practices. But a Washington Post review of the 16-month investigation — described by 10 people familiar with the matter — shows that the FTC stopped short of some even tougher punishments it initially had in mind.

Advocates, lawmakers blast Facebook $5 billion FTC fine as 'chump change,' slam settlement as meaningless

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News Source:

https://www.washingtonpost.com/technology/2019/07/22/facebook-vs-feds-inside-story-multi-billion-dollar-tech-giants-privacy-war-with-washington/?noredirect=on&utm_term=.a2815a116b8f
  

https://www.washingtonpost.com/technology/2019/07/22/facebook-vs-feds-inside-story-multi-billion-dollar-tech-giants-privacy-war-with-washington/?noredirect=on&utm_term=.a2815a116b8f

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