FTC to claim company misled users about handling of their phone numbers as part of settlementThe Federal Trade Commission is expected to announce on Wednesday that Facebook has agreed to a sweeping settlement of allegations it mishandled user privacy and pay roughly $5bn, two people briefed on the matter said.As part of the settlement, Facebook will agree to create a board committee on privacy and will agree to new executive certifications on user privacy, the people said. Continue reading…
Via: Facebook agrees to pay bn in vast privacy settlement, insiders say
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