Facebook is to pay a $5bn fine to settle privacy concerns, the US Federal Trade Commission (FTC) has announced. The social network must also establish an independent privacy committee that Facebook's chief executive Mark Zuckerberg will not have control over. The FTC had been probing allegations political consultancy Cambridge Analytica improperly obtained the data of up to 87 million Facebook users . The probe then widened to include other issues such as facial recognition. The FTC ruled that certain Facebook policies violated rules against deceptive practices, ruling that Facebook's data policy was deceptive to people who used its facial recognition tool. The social network also fell foul of the regulator by not revealing that phone numbers collected for two-factor authentication would be used for advertising. The $5bn fine is believed to be the biggest ever imposed on any company for violating consumers' privacy. It is also almost 20 times greater than the...
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