Facebook's FTC-Mandated Privacy Committee Now in Effect

Facebook on Thursday said it has started to report its privacy practices to a newly formed, independent Privacy Committee. The creation of the independent committee was part of the company’s settlement a year ago with the Federal Trade Commission FTC over data privacy violations, which came in...

Facebook Agrees to Pay $5 Billion Fine and Setup New Privacy Program for 20 Years

The Federal Trade Commission FTC today officially confirmed that Facebook has agreed to pay a record-breaking $5 billion fine over privacy violations surrounding the Cambridge Analytica scandal. Besides the multibillion-dollar penalty, the company has also accepted a 20-year-long agreement that...