Facebook to pay record $5 billion U.S. fine over privacy violations; critics call it a bargain

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Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the U.S. Federal Trade Commission said on Wednesday.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/V8ZWdXZ6Nfg/facebook-to-pay-record-5-billion-u-s-fine-over-privacy-violations-critics-call-it-a-bargain-idUSKCN1UJ1L9

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