The U.S. Federal Trade Commission is expected to announce a roughly $5 billion settlement with Facebook Inc as early as this week of its investigation into the social media company’s handling of user data, two sources briefed on the matter said on Monday.

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BING NEWS:
  • Class-action lawsuit: Capital One customers have 6 days to check their status for piece of $16 million settlement
    Capital One customers are just six days away from deciding if they want to opt out or object to receiving a portion of the bank’s $16 million settlement.
    06/13/2024 - 12:54 pm | View Link
  • Class-action lawsuit: Capital One customers have one week to check their status for piece of $16 million settlement
    Capital One customers have a one-week window to see if they benefit from the bank’s $16 million settlement to resolve claims it charged unlawful fees for some transactions. While Capital One didn’t ...
    06/10/2024 - 7:22 am | View Link
  • FTX Reaches Bankruptcy Settlement With IRS On $24 Billion Claim
    If the settlement is approved, FTX may have to pay just $885 million to resolve existing IRS tax claims. FTX—short for Futures Exchange—was once the darling of the crypto world, with valuations ...
    06/4/2024 - 2:54 pm | View Link
  • Bottoms up: FTC set to sue country’s largest alcohol distributor over how it prices spirits
    Apple, Amazon, and Facebook’s parent company Meta are also being sued on antitrust grounds, while Pepsi, Coca-Cola and Kraft-Heinz are all reported to be under investigation.
    06/3/2024 - 1:00 pm | View Link
  • More

 

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