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$5B settlement expected in Facebook, Cambridge Analytica probe

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07-23-2019, 11:49 PM

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$5B settlement expected in Facebook, Cambridge Analytica probe

The U.S. Federal Trade*Commission is expected to announce a roughly $5 billion US 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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