F.T.C. Approves Facebook Fine of About $5 Billion

Photo of F.T.C. Approves Facebook Fine of About $5 Billion
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The size of the penalty against Facebook underscored the rising frustration among Washington officials with how Silicon Valley giants collect, store and use people’s information.

view The New York Times: Technology
#regulation and deregulation of industry
#facebook inc
#federal trade commission
#antitrust laws and competition issues
#fines penalties
#social media