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Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices Facebook to pay record $5 billion U.S. fine over privacy violations but critics ...
In July 2019, it was announced that Facebook was to be fined $5 billion by the Federal Trade Commission due to its privacy violations. [8] In October 2019, Facebook agreed to pay a £500,000 fine to the UK Information Commissioner's Office for exposing the data of its users to a "serious risk of harm". [9]
Meta already has paid a $5.1 billion fine and reached a $725 million privacy settlement with users. Cambridge Analytica had ties to Trump political strategist Steve Bannon. It had paid a Facebook ...
The Federal Trade Commission has announced that Facebook will pay a massive fine in the wake of the Cambridge Analytica scandal. The social network will pay $5 billion to settle the charge that it ...
Facebook agreed in 2019 to pay a record $5 billion fine to resolve allegations it had violated the 2012 consent order by misleading users about how much control they had over their personal data ...
On April 24, 2019, Facebook said it could face a fine between $3 billion ($3.58 billion in 2023 dollars [31]) to $5 billion ($5.96 billion in 2023 dollars [31]) as the result of an investigation by the Federal Trade Commission. [224]
Facebook is estimating that it could be subject to a $3 to $5 billion fine by the Federal Trade Commission, according to the company's earnings report.
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