U.S. imposed $5 billion fine on Facebook

U.S.'s Federal Trade Commission have approved a $5 billion penalty to be levied on Facebook.
The penalty have been approved to settle a probe into the social network’s privacy and data protection lapses. It would be the largest penalty ever imposed by the FTC for privacy violations.
Facebook, Inc. is an American online social media and social networking service company based in Menlo Park, California. It was founded by Mark Zuckerberg.