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Facebook CEO Mark Zuckerberg. Photo: Chesnot/Getty Images

A regulator in Britain could fine Facebook more than $660,000 over the Cambridge Analytica data scandal.

Why it matters: The fine is the first regulatory penalty for the social giant as a result of the data dustup. It may not be the last.

What they’re doing: The British Information Commissioner’s Office said it could fine Facebook 500,000 pounds, the maximum possible, for possible failures in how it handled the collection of data used by Cambridge Analytica. It also said the company might not have properly told users their data could be exposed.

  • Facebook, however, has a chance to respond to the allegations and proposed penalty.

What they’re saying: "As we have said before, we should have done more to investigate claims about Cambridge Analytica and take action in 2015," said Erin Egan, Facebook’s chief privacy officer, in a statement. "We're reviewing the report and will respond to the ICO soon."

Reality check: While it’s the maximum amount allowed under the law, the proposed fine of just over $660,000 likely won't make a large dent in the company's finances. Facebook brought in more than $11 billion in ad revenue during the first quarter of 2018 alone.

The big picture: The office’s investigation will continue. It stretches far beyond Facebook and Cambridge, to other aspects of the use of data in politics.

Go deeper

Updated 1 hour ago - Politics & Policy

Supreme Court rejects Trump's attempt to shield documents from Jan. 6 committee

Photo: Melissa Sue Gerrits/Getty Images

The Supreme Court rejected on Wednesday night a bid by former President Trump to block the release of documents and records from his administration to the House committee investigating the Jan. 6 riot at the Capitol.

Why it matters: Trump asked the Supreme Court to step in and block the release of the documents last month after a panel on the U.S. Court of Appeals for the D.C. Circuit unanimously denied his attempt to prevent the committee from obtaining the materials.

Senate Republicans block voting rights bill

Senate Minority Leader Mitch McConnell walks to the Senate floor on Jan. 18. Photo: Eric Lee/Bloomberg via Getty Images

Senate Republicans blocked Democrats' voting rights legislation from coming to a final vote on Wednesday in what was largely viewed as a doomed effort from the start.

Why it matters: The failed vote underscores the Democratic Party's current uphill battle to pass sweeping legislation in a 50-50 Senate.

Updated 1 hour ago - Politics & Policy

Biden says Russia likely to invade Ukraine

President Biden addressed the brewing conflict between Russia and Ukraine during a press briefing Wednesday, saying of Russian President Vladimir Putin, "my guess is he will move in."

Why it matters: U.S. officials have issued a series of warnings about Russia's threatening military buildup on the border with Ukraine, with Secretary of State Antony Blinken saying in Kyiv earlier Wednesday that Russia could invade "on very short notice."