Facebook privacy settlement News

Privacy Practices Probe Could Cost Facebook Up to $5 Billion

Facebook Inc. estimated that it will cost as much as $5 billion to resolve a U.S. investigation into its privacy practices, as the social-media company moves to put the fallout from the Cambridge Analytica scandal behind it. Facebook said Wednesday …

Facebook Opposes Release of Privacy Reports Used to Settle Litigation

Facebook Inc. will seek to block disclosures from years’ worth of privacy reports it submitted to the U.S. Federal Trade Commission, according to filings in a lawsuit seeking the release of information in the documents. Facebook plans to intervene in …

A Wary Supreme Court Allows Facebook’s $9.5M Privacy Settlement

The U.S. Supreme Court on Monday let stand Facebook Inc.’s $9.5 million class action settlement over allegations the social networking company’s defunct “Beacon” service violated its members’ privacy rights. Although the court declined to hear the case, Chief Justice John …

Facebook Settles Deceptive Practices, Privacy Breach Claims with FTC

Facebook has settled complaints that it disregarded its users’ privacy, agreeing to establish a raft of measures to better protect its 800 million members’ data. The settlement with the U.S. Federal Trade Commission on Tuesday will require Facebook to obtain …