Facebook has agreed to pay more than $5bn to settle its cases with US regulators over misusing user data, in two settlements that it hopes will help alleviate some of the political hostility it has faced since the Cambridge Analytica scandal.
The Federal Trade Commission announced on Wednesday it had agreed a settlement with the social media company, which marked the largest civil penalty the commission has ever handed out.
Facebook has also agreed to impose new privacy protections as part of the agreement, including setting up a privacy committee, which will be independent from the board, and to appoint individual privacy compliance officers.
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