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U.S. regulators approve $5 billion penalty for Facebook to settle latest privacy issues: source
The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc. this week over its investigation into the social media company's handling of user data, a source familiar with the situation said on Friday. Investors cheered news of the deal and pushed ...
F.T.C. Approves Facebook Fine of About $5 Billion
By CECILIA KANG
If approved by the Justice Department, the settlement would be the biggest fine levied by the federal government against a technology company.
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