Facebook Faces First Fine Over Cambridge Analytica Scandal

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(LONDON) — Facebook is facing its first financial penalty for allowing the data-mining firm Cambridge Analytica to forage through the personal data of millions of unknowing Facebook users.

A U.K. government office that investigated the Cambridge Analytica scandal announced its intention to fine Facebook 500,000 pounds ($663,000) for failing to safeguard that user information. The amount is the maximum that the agency, the Information Commissioner’s Office, can levy for violation of Britain’s data-privacy laws.

The penalty is a pittance for Facebook, which generates that sum roughly every seven minutes, based on its first-quarter revenue of $11.97 billion. But it would represent the first tangible punishment for the company’s privacy scandal, which tarnished its reputation, temporarily pushed down its shares and forced CEO Mark Zuckerberg to…

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