Federal court approves $5B Facebook settlement with FTC over Cambridge Analytica

Federal court approves $5B Facebook settlement with FTC over Cambridge Analytica

US regulators on Friday officially approved a $5B settlement with Facebook that the social networking giant reached with the US Federal Trade Commission last July. The agreement was reached after the FTC looked into whether Facebook should have done more to prevent Cambridge Analytica, a now-defunct consultancy, from siphoning off the data of up to 87 million users.

Kathy
Kathy
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