The social media giant has been under pressure from governments in Europe and the USA since the Cambridge Analytica scandal, revealing that the consulting company gained access to the personal data of 87 millionFacebook users from an academic researcher.
"The alleged breaches surround the circumstances in which a third party, Cambridge Analytica, gained unauthorised access to users' profiles and information", the company said. The EU's much stricter General Data Protection Regulation (GDPR), which took effect earlier this year, does not apply to Facebook's case.
The Commons' Digital, Culture, Media and Sport Committee said Ms Denham's inquiry has found that Facebook "contravened the law by failing to safeguard people's information".
Of course, the only "clear signal" Facebook is likely to take away from a fine this tiny is that their actions resulted in zero actual consequences.
Erin Egan, chief privacy officer at Facebook, said: "As we have said before, we should have done more to investigate claims about Cambridge Analytica and take action in 2015".
The commissioner's office also said it could now bring criminal charges against the parent company of Cambridge Analytica.
Facebook's annual revenue in 2017 was almost $40 billion, translating to a much higher possible fine of $1.6 billion. When you compare it to the fine imposed by the U.K. Information Commissioner for Facebook data leak of as many as 87 million users, you won't notice much difference.
USA regulators are still investigating Facebook's handling of consumer data and how it has worked with third-parties like Cambridge Analytica.
So British political parties also got a warning in Wednesday's broadside, regarding the way they buy marketing lists and "lifestyle information" from data brokers, in order to find out how to better influence people.
"Everyone from social media firms, political parties and data brokers seem to be taking advantage of new technologies and micro-targeting techniques with very limited transparency and responsibility towards voters", she said.
"The number of Facebook users affected by this kind of data scraping may be far greater than has now been acknowledged". It can respond to the Information Commissioner's Office (ICO) before a final decision on a fine is made.
"My initial thinking was because the breach happened before GDPR there was no way that there would be a significant enough punishment for Facebook", Taylor said.
Croatia were forced to work hard for their place in the semis, needing a penalty shoot-out to beat hosts Russian Federation . We feel proud and happy we are in the semifinals, but we do not want to stop there.
Denis Cheryshev said the most important thing about the World Cup was that it gave joy to the entire country. They have enjoyed success since with their Under-17 and Under-19 teams winning their age-group World Cups .
The right-hander allowed three runs without recording an out in Houston's 6-5, extra-inning victory against Oakland on Tuesday. The Houston Astros have optioned reliever Ken Giles to Triple-A Fresno, a night after he appeared to curse at manager A.J.
En plus, la Vieille Dame a également déboursé 12 millions d'euros , soit le montant d'une prime de solidarité. Pour mémoire, la Juventus voudrait mettre le grappin sur la star pour 100 millions d'euros .
Obviously it seems like I've always tried too hard. "I feel bad for Ryan but I guess it was my time". "These things happen. However, a second monstrous putt from Knox put the pressure back on Fox to hole out to get it to a second playoff hole.
PayPal immediately apologized for the gaffe and said it's treating the situation as a "priority" as it figures out what happened. PayPal has since said that the letter was "insensitive", apologised to her husband, and is now working out how it was sent.
That's when the makeup-obsessed teen made a decision to launch her own company. "I said, 'I'm ready to put up my own money". Forbes estimates that with another year of growth, she'll become the youngest billionaire ever, trumping Mark Zuckerberg.
I didn't serve well". "It was really hard conditions to play on". "He has a very particular and fast style of hitting the ball". I'll do the best I can to prepare myself for the hard courts now, ' added Zverev, who will play Washington in late July next.
The broadcasting rights for FIFA World Cup 2018 in India is exclusively owned by Sony Pictures Networks. Jordan Henderson has been operating well in shielding the defence.
Del Potro sets up Nadal clash at Wimbledon
Del Potro raised his game again, though, claiming his third tie-break success of the match to book his date with Nadal. He looked flat as he was broken to trail 1-3 but he clawed his way back to lead 5-4 with his serve to come.
Wilshere leaves Arsenal for London rival West Ham
West Ham's current record signing is Marko Arnautovic, who joined the club last summer in a deal worth up to £25m. Wilshere made 197 first-team appearances for Arsenal and was part of the 2014 and 2015 FA Cup-winning sides.
‘World’s Ugliest Dog’ Zsa Zsa dies at 9 years old
Zsa Zsa was named the victor of the 2018 World's Ugliest Dog contest in the San Francisco Bay Area in June. "I'm still in shock". She never really showed much excitement, but yes, she was definitely living it up after she won", Ms Brainard said.