WASHINGTON: Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the company for alleged violations of its users’ privacy.
The Federal Trade Commission is considering a rare action holding CEO Mark Zuckerberg personally accountable for Facebook’s alleged failure to honour a 2011 agreement over privacy lapses. The agency also may limit how the giant social network targets advertising to its massive user base – potentially making the action far more than a regulatory slap on the wrist.