The Federal Trade Commission (FTC) has officially penalized Facebook a groundbreaking $5 billion over privacy violations, the largest fine in FTC history.
According to a Wednesday press release from the FTC, the social network giant will also have to submit to new restrictions, as well as a modified corporate structure that will hold the company accountable for decisions made about users’ privacy.
— Read on www.digitaltrends.com/news/facebook-to-pay-a-historic-penalty-in-final-settlement-with-ftc/