Facebook hit with U.K. fine over user privacy

LONDON - The chairman of the U.K. Parliament's media committee says the government office that investigated the Cambridge Analytica scandal has fined Facebook (FB) 500,000 pounds ($663,000) for failing to safeguard users' data.Damian Collins said the Information Commissioner's Office (ICO) concluded that Facebook "contravened the law by failing to safeguard people's information."Collins said Wednesday that the company "should now make the results of their internal investigations known to the ICO