Released: July 15, 2019
FTC approves Facebook fine of about $5 billion
Source: Cecilia Kang, New York Times (Paid Registration)
The Federal Trade Commission has approved a fine of roughly $5 billion against Facebook for mishandling users’ personal information, according to three people briefed on the vote, in what would be a landmark settlement that signals a newly aggressive stance by regulators toward the country’s most powerful technology companies.
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