Approved: US$5 billion Facebook settlement over privacy issues - source

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Approved: US$5 billion Facebook settlement over privacy issues - source

Source says payout for Federal Trade Commission probe struck.

US Federal Trade Commission approved a roughly US$5 billion settlement with Facebook Inc this week over its investigation into the social media company's handling of user data, a source familiar with the situation said on Friday. The FTC has been investigating allegations Facebook inappropriately...

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