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Report: FTC looking into Facebook

Add on one more headache for Facebook: Now the Federal Trade Commission is looking into whether Facebook violated terms of a prior settlement regarding how it uses personal data, Bloomberg reports. The Washington Post reported over the weekend that the Cambridge Analytica scandal may have violated those settlement terms.

Why it matters: The revelations about how Cambridge Analytica used Facebook user data has thrown Facebook into chaos. An FTC probe adds fuel to the firestorm as lawmakers are already calling for Facebook executives to testify in front of Congress.