Facebook to Pay $5 Billion to Settle FTC Privacy Claims
The Facebook Inc. logo is displayed on an Apple Inc. iPhone in this arranged photograph taken in the Brooklyn borough of New York, U.S. (Photographer: Gabby Jones/Bloomberg)

Facebook to Pay $5 Billion to Settle FTC Privacy Claims

(Bloomberg) -- Facebook Inc. agreed to pay a record $5 billion to resolve a U.S. investigation into years of privacy violations, a settlement that increases the board of directors’ responsibility f...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.