FTC Fines Facebook $5 Billion And Demands Privacy Oversight. Many Feel It’s Not Enough.

It’s a big day for the big blue app. The Federal Trade Commission (FTC) formally announced Wednesday it will fine Facebook $5 billion over Cambridge Analytica-related privacy violations and install oversight procedures to prioritize privacy and ensure enforcement at the company. In addition, a more than $100 million fine is expected from the Securities and ExchangeContinue reading »

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