Shocking… the Democrats voted to protect Big Tech.
US regulators have approved a record $5bn (£4bn) fine on Facebook to settle an investigation into data privacy violations, reports in US media say.
The Federal Trade Commission (FTC) has been investigating allegations that political consultancy Cambridge Analytica improperly obtained the data of up to 87 million Facebook users.
The FTC began investigating Facebook in March 2018, following reports that Cambridge Analytica had accessed the data of tens of millions of its users.
The investigation focused on whether Facebook had violated a 2011 agreement under which it was required to clearly notify users and gain “express consent” to share their data.
Anonymous sources familiar with the matter told The Wall Street Journal on Friday that the $5bn fine was approved by the FTC in a 3-2 vote, which broke along party lines with Republican commissioners in favour and Democrats opposed.
Sources cited in other media also reported the same information.