The US Federal Trade Commission (FTC) will impose a $5bn fine on Facebook for a personal data breach, following the Cambridge Analytica scandal according to the Washington Post and the Wall Street Journal.
If this figure is confirmed, it would be the highest penalty any technology company has ever paid. According to anonymous sources, the FTC decision was approved by a narrow 3-2 vote with the Republicans in favour and the Democrats against a fine they considered too low.
To put this into cont...
This story is part of New Europe's Premium content.
|To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑|