Facebook Ordered <br />to Pay $5 Billion <br />Over Privacy Breaches<br />The Federal Trade Commission <br />(FTC) announced the settlement<br />following its investigation.<br />The investigation focused <br />on the mishandling of personal <br />data and communications with users.<br />It is the largest fine <br />in the history of the FTC.<br />Joseph Simons, FTC Chairman, via CNN<br />Before the fine was <br />announced, Facebook CEO <br />Mark Zuckerberg posted a <br />response on the platform.<br />Mark Zuckerberg, Facebook CEO, Facebook<br />Facebook has also agreed <br />to pay an additional $100 million <br />settlement to the Securities <br />and Exchange Commission.
