US regulators approve $5bn Facebook fine

US regulators approve $5bn Facebook fine

Washington, US regulators have approved a record 5bn (£4bn) fine on Facebook to settle an investigation into data privacy violations, reports in US media say. The Federal Trade Commission (FTC) has been investigating allegations that political consultancy Cambridge Analytica improperly obtained the data of up to 87 million Facebook users, said a BBC News report on Saturday.

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