The verified Twitter Inc. page of Cambridge Analytica, displaying their logo and company name, sit on an iPhone against a backdrop of the Facebook Inc. sign. (Photographer: Luke MacGregor/Bloomberg)

Facebook $5 Billion U.S. Privacy Settlement Approved by FTC

(Bloomberg) -- U.S. officials approved a record $5 billion privacy settlement with Facebook Inc. to resolve the Cambridge Analytica data scandal, people said, prompting an immediate outcry from law...

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