--Facebook Inc. (FB) and the U.S. Federal Trade Commission are in talks for a potential "multi-billion-dollar" fine to settle an investigation into the company's privacy practices, the Washington Post reported Thursday.

--The report, which cited two people familiar with the probe, said the fine would be the largest the FTC ever imposed on a technology company.

 

https://www.washingtonpost.com/technology/2019/02/14/us-government-facebook-are-negotiating-record-multi-billion-dollar-fine-companys-privacy-lapses/?utm_term=.7edd069d0cf7

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

February 14, 2019 17:32 ET (22:32 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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