Federal Trade Commission
“Did someone forget to do the math?” a commenter asked after the Federal Trade Commission warned that people would likely not get the promised payouts.
Federal regulators will also institute new oversight and restrictions on the business.
The largest-ever settlement for a data breach draws to a close multiple probes into the credit-reporting company.
The New York Democrat sent a letter to the FBI and Federal Trade Commission calling for a review of a Russian company's photo app that's trending again.
Democrats in Congress are threatening to take action after the FTC reportedly voted on a $5 billion penalty for Facebook's privacy violations.
Facebook has been under scrutiny for privacy violations.
The Washington Post reported last week that the FTC was in the final stages of an investigation into the social media giant's privacy practices.
The social media giant is facing a multibillion-dollar fine over its role in the Cambridge Analytica data scandal.
The tech giant has been criticized for improperly handling consumer data, and lawmakers want more than money.
Sen. Ron Wyden (D-Ore.) thinks the Facebook CEO should be held "individually liable" for his company's "repeated violations of American's privacy."
Will Senate Minority Leader Chuck Schumer challenge Trump on federal regulators?
A new coalition is calling for antitrust regulators to take on the social media giant.
The probe was sparked by revelations that Cambridge Analytica misused Facebook user data.
He once promised to move fast and break things. Now will Congress step in to fix his mess?
Their statements ahead of the FCC vote boldly argue against what they say will be a disaster for the American people.
The senator said the government has the tools to tackle monopolies. It just needs to use them.