Facebook discusses the settlement of the FTC's investigation with the first multi-billion dollar fine



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Facebook's constant series of privacy scandals is finally catching up with it. The Washington Post reports today that Facebook is negotiating a record multi-billion dollar settlement with the FTC.

If the amount in dollars seems staggering to you, it's because the largest sum previously pronounced was a $ 22.5 million fine against Google.

"… Settling charges by the Federal Trade Commission that it would have deformed Apple's Safari Internet browser users by stating that it would not place follow-up" cookies "and would not broadcast ads. targeted to these users, in violation of an earlier confidentiality agreement between the company and the FTC. "-FTC, August 9, 2012

Clearly, it would be the result of a historic decision and the greatest tax penalty ever imposed on a company, whether in the technology sector or not. The report warns that both parties are far from a firm agreement, however, and if the talks break down, the dispute could escalate into litigation.

The Facebook survey began in March 2018 when the FTC opened an investigation to determine if the social media company had mishandled user data.

Earlier in the day, another report shed light on Facebook's internal workings. CNBC quotes dozens of past and former Facebook employees who shared details of how the company maintains a list of former employees perceived as a "threat" to the company. Facebook goes as far as tracking the live location of former employees using data from Facebook's apps, if they deem it necessary.

What do you think of the ethics of tracking ex-employees? Tell us in the comments below.

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