Facebook Unfazed by $5B FTC Settlement


The Federal Trade Commission this week introduced its approval of a $5 billion settlement with Facebook, ending a long-running investigation into the corporate’s privateness practices. The fee’s 3-2 vote was alongside celebration strains. The United States Department of Justice should finalize the settlement earlier than the matter is closed. The DoJ’s motion will finish the investigation that started early final 12 months, when Facebook entered the highlight for quite a few privateness violations, and doable violation of a 2011 consent settlement with the FTC.

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