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‘Facebook overpaid in a data deal to avoid naming Zuckerberg,’- Report.

According to a lawsuit, Facebook paid the US Federal Trade Commission $4.9 billion more than necessary in a settlement over the Cambridge Analytica scandal in order to protect Mark Zuckerberg. According to the lawsuit, the $5 billion settlement was influenced by a desire to keep Facebook's founder and CEO from being named in the FTC complaint. After a year-long investigation into the Cambridge Analytica data breach, in which a UK analysis firm harvested millions of Facebook profiles of US voters, Facebook was fined by the FTC in 2019 for “deceiving” users about its ability to keep personal information private.
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Written by Zack Agon

‘Facebook overpaid in a data deal to avoid naming Zuckerberg,’- Report.

Facebook paid the US Federal Trade Commission $4.9 billion more than necessary in a settlement over the Cambridge Analytica scandal in order to protect Mark Zuckerberg according to lawsuit.

It is said, a $5 billion settlement was influenced by a desire to keep Facebook’s founder and CEO from being named in the FTC complaint.

After thorough investigation into the Cambridge Analytica data breach, a UK analysis firm harvested millions of Facebook profiles of US voters, Facebook was fined by the FTC in 2019 for “deceiving” users about its ability to keep personal information private.

According to a lawsuit, Facebook paid the US Federal Trade Commission $4.9 billion more than necessary in a settlement over the Cambridge Analytica scandal in order to protect Mark Zuckerberg.  According to the lawsuit, the $5 billion settlement was influenced by a desire to keep Facebook's founder and CEO from being named in the FTC complaint.  After a year-long investigation into the Cambridge Analytica data breach, in which a UK analysis firm harvested millions of Facebook profiles of US voters, Facebook was fined by the FTC in 2019 for “deceiving” users about its ability to keep personal information private.

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