Facebook may be fined $40,000 per violation per day: Report
Former officials of the US Federal Trade Commission (FTC) have reportedly claimed that Facebook could have breached a 2011 consent agreement to protect users' personal information. The social media major can be fined up to $40,000 per violation per day by the FTC, they added. Earlier, FTC announced that it's probing how data of 50 million Facebook users was exploited.