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US court approves Facebook's USD 5 bln privacy deal with FTC

Friday 24 April 2020 | 10:28 CET | News
A US federal court has officially approved the agreement Facebook reached with the Federal Trade Commission (FTC) last July, confirmed the company's chief privacy officer Michael Protti in a blog. The approval concludes the FTC's investigation that began after the Cambridge Analytica scandal surfaced in 2018, leading to a record USD 5 billion for the social networking giant as well as orders to implement a raft of strict new data privacy measures. "With this agreement now in place, executive leaders at the company, including our CEO, will now certify our compliance with it quarterly and

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Categories: Internet / Mobile & Wireless
Companies: Facebook
Countries: United States / World
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