- Jul 16, 2019
FTC Levies 5 Billion Dollars Fine Against Facebook Regarding User Data Privacy
Facebook recently got imposed a penalty by the US Federal Trade Commission. They will impose a fine of around $5 billion regarding issues relating to its alleged privacy and protection of data.
The fine will make it essential for Facebook to bring about a change in its business practices. However, the penalty amount still needs to get a nod from the US Justice Department.
Apart from the fine, Facebook will also be required to being about necessary changes in order to better protect user data.
Read more at en.businesstimes.cn