The U.S. Federal Trade Commission is expected to announce a roughly $5 billion settlement with Facebook Inc. as early as this week of its investigation into the social media company’s handling of user data, two sources briefed on the matter …
Facebook Inc. is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and trounced profit expectations for the first quarter. It has been just over …
Facebook Inc. defeated a bid for a group lawsuit claiming the company illegally gave its users’ personal information to advertisers, with a judge ruling the plaintiffs didn’t have enough in common to pursue a class action. Facebook users accused the …
Facebook Inc. won dismissal of a $15 billion lawsuit accusing the company of secretly tracking the Internet activity of its users after they log off. U.S. District Judge Edward J. Davila in San Jose, California, on Friday agreed with Facebook’s …
