Ftc Reportedly Planning Record Setting Fine Against Facebook For Mishandling User Data
Following a report last weekend that Germany was planning to punish Facebook, a report from The Washington Post now says the Federal Trade Commission in the U.S. is planning “record-setting” fines against the social media giant. The report cites three people familiar with the matter and says regulators plan to punish the company for failing to protect user data. According to the report, U.S. regulators have met to discuss the “record-setting fine....