24-07-2019 23:00 via kvoa.com

$5 billion fine doesn’t mark the end of Facebook’s troubles

Facebook will pay a $5 billion fine for privacy violations and will be subject to broader oversight, but ongoing probes in Europe and the U.S. could present even bigger headaches for the company.
The FTC fine is by far the largest the agency has levied on a technology company. The settlement also comes with restrictions and government oversight.
Facebook for a decade had largely been trusted to regulate itself and keep its 2.4 billion users’ interests at heart. Then came Russian meddl
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