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Facebook Fined $5 Billion For Privacy Violations

  • 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?
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