FTC Facebook News

U.S. Close to $5 Billion Penalty Against Facebook Over Cambridge Analytica Data

The U.S. Federal Trade Commission is expected to announce a roughly $5 billion settlement with Facebook Inc. as early as this week of its investigation into the social media company’s handling of user data, two sources briefed on the matter …

Facebook Facing $5 Billion FTC Fine Over Cambridge Analytica Data Sharing

The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company’s handling of user data, a source familiar with the situation said on Friday. The FTC has …

How Much Do Facebook Users Really Care About Privacy?

Facebook Inc. is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and trounced profit expectations for the first quarter. It has been just over …

FTC Privacy Settlement Over Cambridge Analytica Could Cost Facebook Billions

Facebook Inc. is in talks with U.S. regulators over alleged privacy violations that could force the social-media giant to pay billions of dollars in a record-breaking settlement, according to two people familiar with the matter. The U.S. Federal Trade Commission’s …