Monday, 29 July 2019

Facebook will pay an unprecedented $5 billion penalty over privacy breaches

The Federal Trade Commission announced a $5 billion settlement with Facebook on Wednesday, resolving a sweeping investigation by regulators into how the company lost control over massive troves of personal data and mishandled its communications with users. It is the largest fine in FTC history — and yet still only about a month's worth of revenue for Facebook.


from CNN.com - RSS Channel - HP Hero https://www.cnn.com/2019/07/24/tech/facebook-ftc-settlement/index.html
via https://www.cnn.com/index.html

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