The U.S. government is making a move to impose a fine of about five billion dollars against Facebook over privacy violations. According to a report, the Federal Trade Commission (FTC) has voted to approve for the fine to be imposed.
The fine comes after an FTC investigation into allegations that the social media platform inappropriately shared the information of 87 million users with a British political consulting firm, Cambridge Analytica.
The threat if actualize could plunge the Facebook founder, Mark Zuckerberg into serious financial intricacy.
The Wall Street Journal reported that the vote was 3-2 along party lines, with Republicans in support and Democrats in opposition to the fine. In most cases, the Justice Department’s civil division will review settlements by the FTC but it is not clear how long this will take but it could be as early as next week.
(NAN)