Senator Ron Wyden (D-Ore.) said the 'possibility of a prison term' should be considered for Facebook CEO Mark Zuckerberg in a recent interview.
, the largest ever imposed by the FTC against a tech company, after it started probing the company's privacy practices in March 2018. The FTC focused on a massive data breach that gave Cambridge Analytics access to private data from 87 million Facebook users. Facebook, the FTC said, was supposed to tell users when their data was being used by third party firms.
The SEC also announced that Facebook will pay a $100 million fine for misleading investors about the risks it faced from the misuse of user data. "For more than two years, Facebook's public disclosures presented the risk of misuse of user data as merely hypothetical when Facebook knew that a third-party developer had actually misused Facebook user data," the
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