Facebook fined $5bn over privacy violations

Facebook fined $5bn over privacy violations

The US Federal Trade Commission has voted to approve a fine of about 5 billion dollars for Facebook over privacy violations, the Wall Street Journal has reported.

Facebook declined to comment on the story which said the 3-2 vote broke along party lines, with Republicans in support and Democrats in opposition to the fine.

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 finalise.

The fine would be the largest the FTC has levied on a technology company.

But it will not make much of a dent for Facebook, which had nearly 56 billion dollars in revenue last year.

The report did not say what else the settlement includes beyond the fine, though it is expected to include limits on how Facebook treats user privacy.

Since the Cambridge Analytica debacle erupted more than a year ago and prompted the FTC investigation, Facebook has vowed to do a better job corralling its users’ data.

Nevertheless, its controls have remained leaky. For example, It also acknowledged giving big tech companies like Amazon and Yahoo extensive access to users’ personal data, in effect exempting them from its usual privacy rules.

And it collected call and text logs from phones running Google’s Android system in 2015.

- Press Association

More on this topic

A new way of nurturing nefarious activitiesA new way of nurturing nefarious activities

Facebook cracks down on sensationalist and misleading health contentFacebook cracks down on sensationalist and misleading health content

Facebook site evacuated after mail tests positive for sarinFacebook site evacuated after mail tests positive for sarin

If Facebook’s currency isn’t stopped, we will all pay the priceIf Facebook’s currency isn’t stopped, we will all pay the price

More in this Section

Brexit Secretary: No-deal would be disruptive, but could be mitigatedBrexit Secretary: No-deal would be disruptive, but could be mitigated

World’s biggest tech show to allow sex toys but ban scantily-clad workersWorld’s biggest tech show to allow sex toys but ban scantily-clad workers

Driver found guilty of attack outside UK's Houses of ParliamentDriver found guilty of attack outside UK's Houses of Parliament

UK report finds thousands of 'super-prolific' criminals spared jail last yearUK report finds thousands of 'super-prolific' criminals spared jail last year


Lifestyle

Close to Lisbon but far less crowded, this pleasant town is the ideal base for rest and relaxation, says Liz Ryan.Cascais: The dreamy Portuguese seaside town you really need to know

Here are some ideas if you’re finding shows limited in terms of representation.5 shows that will offer your child a more diverse view of the world

Mix up your usual Friday night fish supper with this Japanese inspired number.How to make salmon teriyaki

Limestone, a river and Theodore Roosevelt. Luke Rix-Standing peels through the layers of one of nature’s mightiest sites.As the Grand Canyon turns 100 – a brief history of the world’s most famous rock formation

More From The Irish Examiner