FTC split on punishing Mark Zuckerberg in settlement with Facebook

[NelsonG]

Federal regulators are split on whether to hold Facebook chairman and CEO Mark Zuckerberg personally responsible for data privacy issues at the social network.

According to the New York Times, the Federal Trade Commission’s negotiations with the social network are coming to a close yet the agency’s five commissioners are still unable to agree on how to deal with the Facebook founder.

Sources familiar with the talks tell the Times that along with the dissent over Zuckerberg, the FTC is also wrestling with the exact financial penalty to be levied against the company. Facebook is expecting to pay a record-breaking fine of somewhere between $3 billion and $5 billion. Read more...

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