May 4, 2019 - Technology

Regulator said to close in on privacy deal with Facebook

A man wearing a suit looks down

Facebook CEO Mark Zuckerberg. Photo: Artur Widak/NurPhoto via Getty Images

A settlement between Facebook and the Federal Trade Commission likely will not directly restrict the way Facebook tracks and provides user data to certain third parties, the New York Times reported on Saturday.

  • Yes, but: The Washington Post's Tony Romm reported on Friday that the company is open more scrutiny for its data practices.

Why it matters: Expect the agency's 5 members to put a settlement to a vote soon, according to the NYT's Cecilia Kang. They have reportedly been divided over how harshly to penalize the social giant and its founder, Mark Zuckerberg, for alleged privacy failures.

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