Facebook and the FTC Reach $5 Billion Settlement Over Privacy
It also imposes new requirements and accountability
The FTC wants to prevent CEO Mark Zuckerberg from having 'unfettered control' over the company’s decisions about user privacy.
Justin Sullivan — Getty Images
Facebook and the Federal Trade Commission have reached a settlement in a privacy case that will require the social network to pay a record $5 billion fine while also placing additional restrictions on the company to ensure it secures users’ information.
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