Facebook, FTC reportedly discussing "multibillion dollar" fine
/ AP
A report says Facebook and the Federal Trade Commission are negotiating a "multibillion dollar" fine for the social network's privacy lapses.
The Washington Post said Thursday that the fine would be the largest ever imposed on a tech company. Citing unnamed sources, it also said the two sides have not yet agreed on an exact amount.
Facebook has had several high-profile privacy lapses in the past couple of years. The FTC has been looking into the Cambridge Analytica scandal since last March. The data mining firm accessed the data of some 87 million Facebook users without their consent.
At issue is whether Facebook is in violation of a 2011 agreement with the FTC promising to protect user privacy. Facebook and the FTC declined to comment.
First published on February 15, 2019
© 2019 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
Facebook, FTC reportedly discussing "multibillion dollar" fine
The fine would be the largest ever imposed on a tech company, and is related to the Cambridge Analytica scandal
updated 3M ago 
Trump Organization scraps plans for hotel chains, blaming politics
Eric Trump blamed the political climate, saying "everything will be used against us," in announcing the decision
updated 38M ago 
ICE stops force-feeding detainees
There was mounting pressure on U.S. Immigration and Customs Enforcement to halt the practice
updated 45M ago 
Democratic attorneys general threaten legal action over border
The president is expected to declare a national emergency and pull funds from other sources for his border wall
1H ago 
"Vilified by the media": Lorena Bobbitt speaks out
"Lorena," a new Amazon documentary series, takes a closer look at her fight against domestic violence
updated 19M ago 
Trump to sign spending bill and declare national emergency
The president, dissatisfied with funding from conference, will declare a national emergency to free up funding for his wall
updated 11M ago
Trump Organization scraps plans for hotel chains, blaming politics
Eric Trump blamed the political climate, saying "everything will be used against us," in announcing the decision
updated 38M ago
ICE stops force-feeding detainees
There was mounting pressure on U.S. Immigration and Customs Enforcement to halt the practice
updated 45M ago
Democratic attorneys general threaten legal action over border
The president is expected to declare a national emergency and pull funds from other sources for his border wall
1H ago 
International "fake news" committee to demand testimony from tech giants
The "International Grand Committee" wants to hear from Mark Zuckerberg, Sheryl Sandberg, Jeff Bezos, Tim Cook, Sundar Pichai, and other industry giants
1H ago 
Russia detains veteran U.S. investment manager in Moscow
Michael Calvey, founder and senior partner at Baring Vostok equity firm, has worked in Russia since 1994 and now faces fraud charges
updated 38M ago 
U.S.-backed forces close in on last square mile of ISIS territory
Apart from sporadic gunfire, all you can hear now is silence
updated 16M ago 
India blames Pakistan for Kashmir attack, vows "crushing response"
Suicide bombing in Indian-controlled Kashmir kills dozens, raises tensions sharply between nuclear-armed neighbors
2H ago
International "fake news" committee to demand testimony from tech giants
The "International Grand Committee" wants to hear from Mark Zuckerberg, Sheryl Sandberg, Jeff Bezos, Tim Cook, Sundar Pichai, and other industry giants
1H ago 
"Juliet Club" responds to love letters sent to Verona
Verona is the setting of William Shakespeare's famed "Romeo and Juliet"
14H ago 
Katy Perry and Orlando Bloom engaged
The couple celebrated Valentine's Day in an epic way, with Perry sharing a photo of the unique engagement ring on Facebook
updated 21M ago 
Book excerpt: The first love of George Washington
In her historical romance, "Dear George, Dear Mary," Mary Calvi examines the relationship between the Father of Our Country and the heiress who won his heart before Martha
updated 55M ago 
R. Kelly sex tape is "bombshell of epic proportions," Avenatti claims
Law enforcement sources tell CBS News prosecutors obtained a new video, purportedly showing R. Kelly having sex with a 14-year-old
1H ago 
Police dispute reports that attack on "Empire" actor was a hoax
Authorities in Chicago said the reports were unconfirmed as they questioned two possible persons of interest
1H ago 
Alfonso Cuarón on the personal trauma he channeled into "Roma"
The black and white foreign film with a largely unknown cast has become an unlikely Oscar front-runner.
20H ago 
Facebook, FTC reportedly discussing "multibillion dollar" fine
The fine would be the largest ever imposed on a tech company, and is related to the Cambridge Analytica scandal
updated 3M ago
International "fake news" committee to demand testimony from tech giants
The "International Grand Committee" wants to hear from Mark Zuckerberg, Sheryl Sandberg, Jeff Bezos, Tim Cook, Sundar Pichai, and other industry giants
1H ago 
Dating app announces data breach on Valentine's Day
Happy Valentine's Day! Your personal data may have been stolen
14H ago 
El Niño has arrived. What does it mean for the weather?
After several months on the edge, we're officially under an El Niño advisory
13H ago 
Dating apps expose lovebirds to scams and hackers
Mobile apps have transformed the dating experience but they can also expose sensitive information to fraudsters
21H ago 
How effective is this year's flu shot?
New data from the CDC estimates the effectiveness of this year's flu vaccine
15H ago 
Could diet soda raise a woman's stroke risk?
New research looks at the possible connection between diet sodas or artificially sweetened fruit juices and heart health
16H ago 
Duchess shines light on dangers of osteoporosis
Camilla, 71, opened up about her late mother Rosalind, who died of the bone disease in 1994
19H ago 
Hackers are stealing medical records – and selling them on the dark web
How easy is it for criminals to get hold of these patient files? It only took a few seconds
Feb 14 
CDC warns about potentially contaminated raw milk
A dangerous drug-resistant bacteria is connected the consumption of raw milk in 19 states
Feb 13
Facebook, FTC reportedly discussing "multibillion dollar" fine
The fine would be the largest ever imposed on a tech company, and is related to the Cambridge Analytica scandal
updated 3M ago
Trump Organization scraps plans for hotel chains, blaming politics
Eric Trump blamed the political climate, saying "everything will be used against us," in announcing the decision
updated 38M ago
Russia detains veteran U.S. investment manager in Moscow
Michael Calvey, founder and senior partner at Baring Vostok equity firm, has worked in Russia since 1994 and now faces fraud charges
updated 38M ago
International "fake news" committee to demand testimony from tech giants
The "International Grand Committee" wants to hear from Mark Zuckerberg, Sheryl Sandberg, Jeff Bezos, Tim Cook, Sundar Pichai, and other industry giants
1H ago 
Officer shot in Dallas police ambush sues social media giants
Transit police officer Jesus Retena claims Twitter, Facebook and Google aided in radicalizing the gunman who opened fire in July 2016
4H ago 
"Vilified by the media": Lorena Bobbitt speaks out
"Lorena," a new Amazon documentary series, takes a closer look at her fight against domestic violence
updated 19M ago
Officer shot in Dallas police ambush sues social media giants
Transit police officer Jesus Retena claims Twitter, Facebook and Google aided in radicalizing the gunman who opened fire in July 2016
4H ago 
Suspect charged for setting fire to "Pizzagate" restaurant
Court documents allege the Jan. 23 fire was set by lighter fluid; there was no motive given
10H ago 
"Since Parkland" profiles 1,200 kids killed by guns
More than 200 teen reporters told the stories of young lives lost to bullets
16H ago 
Persons of interest ID'd in alleged attack on "Empire" actor
The "Empire" actor gives a detailed account to "Good Morning America," says attack left him "forever changed"
19H ago
