Facebook, government urge court to approve $5-billion FTC settlement

Facebook and DOJ on Friday urged a federal judge to approve a $5 billion deal struck with the FTC in July over Cambridge Analytica privacy complaints.

25.1.2020

In legal filings on Friday, the Justice Department said the deal would bring 'substantial relief' to consumers and Facebook argued that the settlement would provide 'privacy protections far beyond those required by United States law.'

Facebook and DOJ on Friday urged a federal judge to approve a $5 billion deal struck with the FTC in July over Cambridge Analytica privacy complaints.

Facebook fined $5 billion by FTC, must update and adopt new privacy, security measures Facebook and the FTC have defended the record fine and settlement terms. In its Friday filing, the Justice Department said the FTC settlement prevents future “misuse of data” by Facebook and requires fundamental changes to how the social media giant handles billions of users’ personal information. Under the settlement, which concludes a year-long investigation prompted by the 2018 Cambridge Analytica scandal, the social networking giant must expand its privacy protections across Facebook itself, as well as on Instagram and WhatsApp. It must also adopt a corporate system of checks and balances to remain compliant, according to the FTC order. Facebook must also maintain a data security program, which includes protections of information such as users' phone numbers. The $5-billion FTC fine is nearly 20 times greater than the largest privacy or data security penalty that has ever been assessed worldwide and is one of the largest imposed by the U.S. government for any violation. Separately, Facebook agreed to pay $100 million to settle data misuse charges brought by the Securities and Exchange Commission. "We've agreed to pay a historic fine, but even more important, we're going to make some major structural changes to how we build products and run this company, chief executive and co-founder Mark Zuckerberg posted on Facebook in July. Consumer watchdog groups accused the FTC of going easy on Facebook whose privacy practices have long been in their crosshairs. EPIC requested a hearing for the court to evaluate the settlement. A judge could require the government to change the terms of the settlement. Read more: USA TODAY

Privacy Personal Protection Hello sir I am following you, I used to work on computer graphics design once, but I have to cut off my right foot due to an illness. I have become a burden to society now. If you do, I will be very benefited. I left Facebook because my limited information was taken. I want to maintain our right to privacy, always.

I don't use Facebook much anymore. Not only did they sell people's information... they sold and still selling America.

Exclusive: U.S. pushing India to buy $5-6 billion more farm goods to seal trade deal - sourcesThe United States wants India to buy at least another $5-6 billion worth of Amer... Note किया जाए adityakalra neha_5 But they Support Pakistan So it Hard Who has written this piece of junk ?

Exclusive: U.S. pushing India to buy $5-6 billion more farm goods to seal trade deal - sourcesThe United States wants India to buy at least another $5-6 billion worth of Amer... Note किया जाए adityakalra neha_5 But they Support Pakistan So it Hard Who has written this piece of junk ?

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