12-07-2019 23:39 via ocregister.com

FTC approves roughly $5B fine for Facebook, WSJ reports

The FTC has voted to approve a fine of about $5 billion for Facebook over privacy violations, the Wall Street Journal reported Friday. The report cited an unnamed person familiar with the matter.
Facebook and the FTC declined to comment. The Journal said the 3-2 vote broke along party lines, with Republicans in support and Democrats in opposition to the settlement.
The FTC report has been moved to the Justice Department for review, per the report. It is not clear how long it will take to finaliz
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