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Facebook to pay US$5 billion fine over privacy breach; faces antitrust probe

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Facebook Inc will pay a record-breaking US$5 billion (RM20.6 billion) fine to resolve a government probe into its privacy practices and will boost safeguards on user data, the US Federal Trade Commission and the social media company said on Wednesday.
After the stock market closed, Facebook disclosed, as a part of its earnings report, that the FTC told it last month that the commission had opened a separate antitrust investigation of the company.
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