Millionaire US fines at FB | Failures in the …

The United States imposed a $ 5 billion fine on Facebook on the occasion of an investigation into failures in managing the privacy of its users, the Wall Street Journal reported.

The measure was voted by the Federal Trade Commission (FTC) by three votes for – those of the Republican Party – and two against – those of the Democratic Party -, report the Wall Street Journal and The Washington Post, quoting anonymous sources.

This fine came after the FTC announced last year the reopening of an investigation into the violation of a confidentiality agreement with Facebook in 2011. The social network reportedly provided tens personal data. Millions of users in the political council. Cambridge Analytica.

The company used Facebook's data to develop psychological profiles of voters, allegedly sold in the election campaign of current US President Donald Trump during the 2016 elections, among others .

The civilian division of the Justice Department will now have to settle the matter and make a final decision, although it is not common for the government to amend the sanctions agreed by the FTC, the Wall Street Journal reported.

The Washington Post added that in addition to the fine, Facebook should also inform the agency of any decision made regarding user data before proposing new products. This should also increase the monitoring of third-party applications.

On the other hand, the company's top California-based executives, including co-founder and CEO Mark Zuckerberg, must publicly acknowledge that they have not protected users' privacy.

If it was officially confirmed, the amount of the fine would correspond to the calculation that the company had already made in April of last year, when presenting its financial results. There, he warned that he was ready to receive a fine of "3,000 to 5,000 million euros" from the FTC.

Facebook is the largest social network in the world, with more than 2 billion users. Last year, its revenues were $ 56 billion.