Two people familiar with the Federal Trade Commission’s (FTC’s) 16-month-long investigation into Facebook’s privacy practices – a probe kicked off by the Cambridge Analytica scandal – told the Wall Street Journal that the commission voted last week to approve a settlement worth about $5 billion. The FTC settlement could end the investigation, which began in March 2018 after reports that Facebook had let the political research firm Cambridge Analytica (CA) access the personal data of up to 87 million Facebook users without their knowledge, which some said violated a 2011 agreement between Facebook and the FTC to improve its privacy practices.

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