The settlement is the largest privacy fine in the FTC's history and also marks the most significant action yet against Facebook over a series of mishaps that have compromised users' data and sent the company reeling from one crisis to another.
For now, the specifics of the settlement remain largely unknown, except for the figure which is believed to be in the region of $5 billion.
The $5 billion fine still needs to be OK'd by the Department of Justice, but DOJ "rarely" rejects FTC settlements, the New York Times reported. While the Cambridge Analytica scandal was bad for Facebook, it still largely operates on the same data-hoarding user model that opened the company up to developer exploitation and misuse in the first place.
In 2011, Facebook assured the FTC that it would not share data with third parties without consent.
Facebook declined to comment on the status of those probes. A Justice Department spokeswoman declined to comment on the Facebook matter.
"It's also clear that we're going to need Congress and the state attorneys general to take the mantle of any future antitrust investigation of Facebook because Trump's FTC appointees are not up to the task", Miller added.
FTC Commissioner Rohit Chopra, a Democrat, has said the agency should hold executives responsible for violations of consent decrees if they participated in the violations.
Facebook earlier this year said it had set aside $3 billion to pay for what it said it expected to be a $3 billion to $5 billion penalty.
As the probe dragged on, FTC Chairman Joe Simons came under increasing pressure from lawmakers and privacy advocates to craft a tough settlement that would protect users' privacy.
The announcement of this Facebook fine is the culmination of nearly a year-and-a-half of investigations into the company, which included a heavily-publicized testimony in front of Congress by Facebook co-founder Mark Zuckerberg.
Update 3:33pm ET: Twitter's status site now shows that an "active incident" is causing a service disruption on the main site. Some users in various parts of the U.S. were still experiencing outages as of 5.12pm ET, according to the website.
While Starbucks aimed for a "tropical fruit flavor", one baristas described it as tasting more like "banana Laffy Taffy." The Tie-Dye Frappuccino is a citrusy orange flavour drink topped with creamy vanilla whipped cream - it's tie-dye for.
VW, meanwhile, has been working on MEB since 2016 and expects to build 15 million cars using the platform in the next decade. The Ford-VW alliance vaults Argo into one of the highest-valued autonomous vehicle development companies in the world.
Individuals acquainted with the task portray prototypes that explore with the assistance of a variety of PC vision cameras. This hardware is expected to create a market for Amazon thus enabling customers to buy Prime Video or Prime Music.
Getty A detail of the jersey of LeBron James of the Los Angeles Lakers during the first quarter against the Denver Nuggets. If the Lakers - and their fans - feel spurned by that, they should have plenty of chances to make Leonard pay.
Amit Tevar, a transplant surgeon at the University of Pittsburgh Medical Center, who praised the administration's initiatives. The changes won't happen overnight - some of the initiatives will require new government regulations.
Mueller's offer to delay comes as House Democrats on the Judiciary panel pressed their leaders for more time to question Mueller . Under the current agreement, Mueller would appear for two hours each before the Judiciary and Intelligence Committees.
Williams, 37, made the comments following her semifinal victory against Barbora Strycova Thursday at the All-England Club. The younger American, who prefers grass, brought her A-game against the veteran to force a tight and tense three-setter.
Google is building a new social network
The app will try to organize activities based on users' geographical locations and interests, then make appropriate suggestions. This latest attempt at social networking comes out of Google's Area 120 , an in-house incubator for experimental projects.
Wildfire on Maui causes evacuations, burns 10000 acres
He wrote: "A big mahalo to @Oprah for giving @mauicounty access to your private road for use to assist in the #Mauifire ". However, due to the numbers of cancelled flights, there were more delays at Kahului airport on Friday.
Roger Federer tops Rafael Nadal to make Wimbledon final
Djokovic overcame Spain's Roberto Bautista Agut 6-2, 4-6, 6-3, 6-2 earlier on Friday to reach his sixth Wimbledon final. Two more service holds put him within a set of victory and the Swiss turned the screw in the fourth set as Nadal faded.
Oil rises to seven-week high
West Texas Intermediate crude futures were up 25 cents at $60.68 a barrel, having touched their highest since May 23 at $60.94. USA output is rising again after a brief drop from record levels, according to the EIA.
New Orleans Braces as Storm Barry Nears
It was expected to make landfall along the Louisiana coast - near Morgan City - on Friday night or early Saturday. New Orleans' network of drainage pumps, underground pipes and canals were overwhelmed earlier this week by rain.
Trump Confirms Immigration Raids Set For The Weekend
Pelosi said at her weekly press conference . "These families are hardworking members of our communities and our country". Plans for the raids in June drew widespread scorn among immigration rights advocates and mayors in the impacted cities.
Acosta Resigns in Wake of Epstein Plea Deal Scandal
The president said that Acosta's deputy, Patrick Pizzella , will take the reins at the department's acting secretary. Announcing Acosta's resignation, he said: "Yes, I did have a falling out a long time ago".
Listen to Ed Sheeran collaborate with Amazon's Alexa
The song comes from Sheeran's new album No.6 Collaborations Project, which he released in the early hours of this morning. The Sun reported the pair Wednesday before Christmas in front of about 40 friends and family in Suffolk, England.
Kevin Durant Changing Number From 35 to 7
Patrick High School in Elizabeth, and Duke University. "35 was chosen in honor of someone very near and dear to me". Durant wrote in the statement that: "35 took my family and me from Seat Pleasant, MD and showed us the world".
Roger Federer vs. Rafael Nadal
Roger Federer and Rafael Nadal will face off at the Wimbledon Championships after 11 years. Federer beat Nadal in the Grand Slam tournament's previous two finals.
Teuns wins Stage 6, Ciccone takes race lead
Fellow Briton Adam Yates lost 14 seconds to Thomas in the final moments of the stage but moved up to 14th place overall. But Ciccone doesn't expect to follow in their footsteps.