Senators want FTC to send a message to Facebook by ordering it to pay a massive fine

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A couple of days ago we told you that the Federal Trade Commission (FTC) could be days away from announcing a fine against Facebook in the amount of $3 billion to $5 billion. The FTC is trying to decide how much to punish Facebook and is negotiating a settlement with the company. While there have been a number of privacy issues involving the social media app/site over the last few years, back in 2016 it violated a previous FTC consent decree it had signed five years earlier. Under the terms of that deal, Facebook agreed not to use subscribers’ personal data without obtaining consent; however, …

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