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U.S. regulators discussed record fine against Facebook for privacy violations

The penalty would be for violating an agreement with the government to safeguard users' personal data, according to people familiar with the matter. The fine is expected to be much larger than the $22.5 million levied against Google in 2012......»»

Category: topSource: washpostJan 18th, 2019

US regulators under scrutiny as they look to punish Facebook

Federal privacy regulators are under congressional scrutiny as they negotiate a record fine with Facebook to punish the company for alleged violations of user privacy. .....»»

Category: worldSource: nytMay 8th, 2019

US regulators under scrutiny as they look to punish Facebook

Federal privacy regulators are under congressional scrutiny as they negotiate a record fine with Facebook to punish the company for alleged violations of user privacy. .....»»

Category: worldSource: nytMay 8th, 2019

U.S. regulators have met to discuss imposing a record-setting fine against Facebook for some of its privacy violations

U.S. regulators have met to discuss imposi.....»»

Category: topSource: washpostJan 18th, 2019

Facebook sheds gains after report on potential major fine

** Shares of Facebook paring gains on Friday after a report that U.S. regulators discussed fining the co for privacy violations.....»»

Category: topSource: reutersJan 18th, 2019

Feds weigh record fine against Facebook over privacy violations

U.S. regulators have met to discuss imposing a.....»»

Category: topSource: moneycentralJan 18th, 2019

Feds weigh record fine against Facebook over privacy violations

U.S. regulators have met to discuss imposing a.....»»

Category: topSource: moneycentralJan 18th, 2019

U.S. regulators have met to discuss imposing a record-setting fine against Facebook for privacy violations

The penalty is expected to be much larger than the $22.5 million fine the agency imposed on Google in 2012......»»

Category: topSource: washpostJan 18th, 2019

FTC regulators are debating a "record-setting" fine against Facebook over privacy violations, report says

U.S. regulators at the Federal Trade Commission are mulling a “record-setting fine” against Facebook for violating an agreement with the government over user data privacy, the Washington Post reported Friday, citing three unnamed sources familiar .....»»

Category: topSource: bizjournalsJan 18th, 2019

Facebook to pay record $5 billion U.S. fine over privacy violations; critics call it a bargain

Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the U.S. Federal Trade Commission said on Wednesday......»»

Category: topSource: reutersJul 24th, 2019

Facebook to pay record $5 billion U.S. fine over privacy violations but critics call it a bargain

Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the U.S. Federal Trade Commission said on Wednesday......»»

Category: topSource: reutersJul 24th, 2019

Can fines rein in Big Tech? Privacy regulators spur a debate

As they negotiate a record fine against Facebook, federal privacy regulators sparked a debate in Congress Wednesday over how e.....»»

Category: topSource: moneycentralMay 9th, 2019

Facebook users care less about privacy than regulators

Facebook Inc is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and trounced profit expectations for the first quarter......»»

Category: topSource: reutersApr 25th, 2019

Facebook May Face Record FTC Fine for Privacy Violations

Facebook has vowed to do a better job corralling its users' data SAN FRANCISCO (AP) — Facebook may be facing the biggest fine ever imposed by the U.S. Federal Trade Commission for privacy violations involving the personal in.....»»

Category: topSource: timeJan 18th, 2019

PG&E faces record fine of $2.1 billion for role in wildfires

California regulators increased penalties against PG&E Corp. to $2.1 billion for violations tied to the catastrophic wildfires ignited by the company’s power lines in 2017 and 2018......»»

Category: topSource: moneycentralFeb 28th, 2020

YouTube overhauls protections for children after regulators fine it over alleged privacy violations

As part of the changes, content intended primarily for children can no longer run with personalized ads and comments on children’s videos and live chats will be limited......»»

Category: topSource: washpostJan 6th, 2020

Facebook reports record revenue in third quarter amid continued scrutiny from regulators

The social network’s growth has defied criticism from privacy experts and regulators......»»

Category: topSource: washpostOct 30th, 2019

Facebook reports record revenue in third quarter

The social network’s growth has defied criticism from privacy experts and regulators.....»»

Category: topSource: washpostOct 30th, 2019

Facebook reports record revenue

The social network’s growth has defied criticism from privacy experts and regulators.....»»

Category: topSource: washpostOct 30th, 2019

Facebook to pay record $5 billion U.S. fine over privacy; faces antitrust probe

Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and will boost safeguards on user data, the U.S. Federal Trade Commission and the social media company said on Wednesday......»»

Category: topSource: reutersJul 24th, 2019

Facebook Spikes To Record High After Revenue Beat, Despite Anti-Trust Probe

  After paying a record fine and agreeing to adjust the management structure over privacy breaches - a.....»»

Category: blogSource: zerohedgeJul 24th, 2019