Home / Tech / The FTC has approved a $5 billion settlement with Facebook (FB)

The FTC has approved a $5 billion settlement with Facebook (FB)

Facebook CEO Mark Zuckerberg leaving The Merrion Hotel in Dublin after a meeting with politicians to discuss regulation of social media and harmful content. (Photo by Niall Carson/PA Images via Getty Images)

The FTC has approved a $5 billion settlement with Facebook, according to a report from the Wall Street Journal on Friday.

The reported settlement comes following an investigation into the company’s privacy myriad issues, and after two years of constant scandals.

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