From gbhackers.com
Facebook finally agreed to pay $5 billion penalty from the Federal Trade Commission for the failure to protect its user’s privacy and FTC also imposes new restrictions to change the Facebook privacy model and creating multiple channels of new compliance.
$5 Billion is the highest penalty ever imposed on any other companies for violating consumers’ privacy or any type of violation by U.S Government, and it is 20 times biggest than the highest penalty for the violation of user privacy.