Facebook Unfazed by $5B FTC Settlement


The Federal Trade Commission this week announced its approval of a $5 billion settlement with Facebook, ending a long-running investigation into the company’s privacy practices. The commission’s 3-2 vote was along party lines. The United States Department of Justice must finalize the settlement before the matter is closed. The DoJ’s action will end the investigation that began early last year, when Facebook entered the spotlight for numerous privacy violations, and possible violation of a 2011 consent agreement with the FTC.
Source: https://www.ecommercetimes.com/perl/syndication/rssfull.pl

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