Facebook faces the looming threat of fines from a growing list of federal and international agencies
Facebook CEO Mark Zuckerberg backed stronger government regulation of the Internet on Saturday, but it may be too little too late for a company that remains mired in controversy and subject to investigations around the world.
There are several agencies thought to be still investigating or charging Facebook over its data practices, although several agencies declined to confirm the status of their investigations. A Facebook spokesperson did not provide comment for this article and declined to confirm which government entities are still probing its business. The company has previously said it is cooperating with government agencies at home and abroad.
Spokespeople from the SEC, the FBI and the Northern District of California's U.S. attorney's office declined to comment or confirm the investigation. HUD filed a civil complaint against Facebook on Thursday, charging the company with"discrimination" in its advertising practices for housing. The agency is seeking damages for anyone harmed by Facebook's targeted advertising policies. The company has since changed its advertising system to no longer allow employers and landlords to limit their targeted audience by race, ethnicity or gender. It settled a lawsuit with the ACLU last week over the practice.
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