Facebook will be punished by $5 billion for privacy violations

Newspapers “Washington Post” and <x2Wall Street Journal”, which have cited anonymous sources who are informed of the issue, reported on Friday that the decision to punish the social network was passed by three votes, while two votes were opposed. This decision is reportedly backed by the Republicans, while opposed by the Democrats.

The investigation of the Federal Trade Commission of the United States began in March 2018 after the newspaper “The Guardian” found that the company “Cambridge Analytica” had obtained the data of more than 50 million Facebook users illegally.

The $5 billion fine would be the largest ever given by the Federal Trade Commission against a technology company and the largest against a company for privacy violations. That figure is even close to the sentence received by Facebook officials, who had said they could be fined $3 billion to $5 billion.

Despite the huge amount of money, analysts say this punishment is not sufficient and that it would hardly leave any sign of the technological giant's bank account. This company has had more than $15 billion in the first three months of 2019, writes the Guardian”.