Facebook to create privacy panel, pay $5 billion to U.S. to settle allegations

July 24, 2019 admin Business News Comments Off on Facebook to create privacy panel, pay $5 billion to U.S. to settle allegations

The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay $5 billion, two people briefed on the matter said.

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Source:: Reuters – Business News