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US govt may want 20 years of oversight on Facebook - report

Tuesday 14 May 2019 | 09:43 CET | News
Facebook may have to submit itself to 20 years of US government oversight, Reuters reported, citing a source with knowledge about the discussions. The company is in negotiations with the US government about its misuse of personal data, following the Cambridge Analytica scandal. There has been talk of of "independent" privacy oversight committee, with some Facebook board members, as well as a fine of USD 3-5 billion. Sources said no deal is yet expected this week and that a settlement with the Federal Trade Commission could still be a month away.

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