Facebook will pay a record $5bn fine to settle privacy concerns, the US Federal Trade Commission (FTC) has said.
The social network must also establish an independent privacy committee that Facebook’s chief executive Mark Zuckerberg will not have control over.
The FTC had been probing allegations political consultancy Cambridge Analytica improperly obtained the data of up to 87 million Facebook users.
The probe then widened to include other issues such as facial recognition.
The $5bn fine is believed to be the biggest ever imposed on any company for violating consumers’ privacy.
“Despite repeated promises to its billions of users worldwide that they could control how their personal information is shared ... Read even more
