Federal Trade Commission Fines Facebook $5B For Data Privacy Violations

(July 24, 2019, 2:10 PM EDT) -- WASHINGTON, D.C. — The Federal Trade Commission announced July 24 that Facebook Inc. will pay $5 billion for violating an order issued by the FTC in 2012 and deceiving users about their ability to control the privacy of their personal information (United States v. Facebook Inc., No. 19-2184, D. D.C.)....

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