FTC reportedly hits Facebook with record $5 billion settlement [Lapowsky & Kelly]

FTC reportedly hits Facebook with record $5 billion settlement — from wired.com by Issie Lapowsky and Caitlin Kelly Excerpt: AFTER MONTHS OF negotiations, the Federal Trade Commission fined Facebook a record-setting $5 billion on Friday for privacy violations, according to multiple reports. The penalty comes after an investigation that lasted over a year, and marks the […]

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