FTC Said to Reach $5 Billion Settlement With Facebook Over Privacy Issues

The fine would mark its biggest against a tech company

Image of Facebook headquarters sign at night
The vote marks the end of a probe that began early last year. Getty Images

The Federal Trade Commission has approved a $5 billion settlement with Facebook to end a probe into the company’s privacy practices that began after the Cambridge Analytica scandal revelations early last year, The Wall Street Journal reports.

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@patrickkulp patrick.kulp@adweek.com Patrick Kulp is an emerging tech reporter at Adweek.