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  • Facebook will be fined $ 5 000 000 for data leakage

    The scandal around the social network Facebook, which was previously convicted of transferring information to 87 million users of the British company Cambridge Analytica, received an unexpected continuation. The US Federal Trade Commission has accused Mark Zuckerberg Corporation of trading data and ordered to pay an impressive fine.

    Facebook will be fined $ 5 000 000 for data leakage

    According to the Chairman of the Antimonopoly Committee of the U.S. Congress David Cicilline, this penalty is only a small part of the company's profits, the loss of which is unlikely to cause her to think again about their responsibility to protect user data. Facebook's revenue for the first quarter of this year was $15.1 billion and net income was $2.43 billion.

    The Federal Trade Commission and the U.S. Department of justice are in the process of launching new investigations into contentious competition issues between major U.S. technology companies. In addition, Facebook is criticized by US President Donald Trump and other politicians for plans to create a cryptocurrency Libra, which can be used for money laundering. According to some US senators, Facebook's top managers, including Mark Zuckerberg, should be held personally responsible.

    The agreement between Facebook and the Federal Trade Commission has yet to receive final approval from the Ministry of justice. An unnamed source told Reuters that it provides for 20 years of surveillance of Facebook by local regulators in the future.

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