FTC votes to OK $5 billion settlement with Facebook

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The Federal Trade Commission has reportedly voted to approve a fine of roughly $5 billion with Facebook following an investigation into the social media company’s mishandling of users’ personal information.

The panel, which enforces privacy regulations in the U.S., voted 3-2 along party lines to back the pact, the Wall Street Journal reported Friday. The FTC’s three Republicans reportedly supported the settlement while Democrats opposed it.

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