The U.S. Federal Trade Commission has entered negotiations with Facebook over a potential multibillion-dollar fine to settle the agency’s probe into the tech company’s privacy practices, The Washington Post reports. A pair of individuals close to the inquiry said Facebook has expressed concerns with the demands made by the FTC. While the two sides have not agreed on a total for the penalty, it is expected to be the largest fine ever administered by the agency. Facebook confirmed it has entered discussions with the FTC. (Registration may be required to access this story.)
If you want to comment on this post, you need to login.