Facebook expects to face a massive fine of up to $5 billion from the Federal Trade Commission. The fine represents one month’s revenue for the social media giant. The FTC launched an investigation into Facebook last year after it was revealed that the company allowed Cambridge Analytica access to the personal data of around 50 million Facebook users without their explicit consent. The probe centers around the violation of a 2011 agreement Facebook made with the FTC that required Facebook to gain explicit consent from users to share their data.
Source: https://thehackernews.com/2019/04/facebook-ftc-fine-privacy.html