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July 24, 2019 12:53 pm GMT

Facebook settles with FTC: $5 billion and new privacy guarantees

Following more than a year of speculation since the Federal Trade Commission said it was investigating Facebook over privacy lapses, the regulator has officially announced the terms of its settlement with the beleaguered social network: $5 billion (as previously rumored) and improved privacy oversight within the company. The order-mandated privacy program covers Facebook-owned WhatsApp and […]

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