Facebook Fined $5 Billion For Privacy Violations
July 24, 2019 6:55AM CDT
- The Federal Trade Commission has slapped Facebook with a $5 billion fine over the social media giant’s recent privacy violations.
- In addition to the fine, the FTC is ordering Facbook to add more oversight and to its data collection practices, with an independent ‘privacy committee’ and regular audits.
- However, the FTC’s ruling did not restrict Facebook from collecting data and did not find founder and CEO Mark Zuckerberg personally responsible for the company’s actions.
- Are you concerned about the way companies like Facebook handle your data? How much do you still use Facebook?
