The deal is also unlikely to mollify critics in Congress and among privacy advocates who have called for accountability for Zuckerberg
FTC will allege that Facebook misled users about how it used their phone numbers and even a facial recognition tool
The fine will mark the largest civil penalty ever paid to the FTC
Lawmakers have also raised concerns over Facebook's spotty record on privacy and data protection
Libra will also face additional concerns from international regulators and lawmakers, which could further delay its progress
The technology platforms that came under fire Tuesday were darlings of official Washington in the Obama years as they grew to dominate their respective markets
Initiative will cover 250,000 entrepreneurs in 3,000 villages also seeks to educate them about privacy and security as first-time users
Facebook's new currency plan under scrutiny in Congress
Libra, which is widely regarded as a challenger to dominant global player Bitcoin, is expected to launch in the first half of 2020
On Wednesday, the chair of the Federal Reserve, Jerome Powell, said Libra raised a host of "serious concerns" around "money laundering, consumer protection and financial stability"
CBDT wants to do survey and spot verifications for detecting non-compliance
Modi government plans to bring companies that derive revenues from Indian users but pay taxes elsewhere into the corporate tax net
India falls way behind US and UK, whose allocations to the two tech giants are 6.5% and 10.5%, respectively
Facebook, Google, Amazon and other large technology companies face criticism for reducing their tax bills by booking profits in low-tax countries.
It's not clear if buyers of new Huawei devices will be able to install Facebook's apps on their own
Inside Facebook Inc.'s Menlo Park, California, headquarters, a small group of staffers watched this rumor gain traction using a special software program
Facebook, Twitter not invited to White House social media summit: Report
Facebook's plan for a digital currency called Libra has policy makers scrambling. The UK's three main financial regulators are working together on how best to respond
'No novel and/or inventive hardware features are defined in the claims', said the patent office
As part of this initiative, FB will work with VC funds to skill and mentor SMBs by sharing insights on best practices, proven solutions, insights among other key learning