The fine is the largest the Federal Trade Commission has levied on a tech company, although it won't much dent a company that had nearly $56 billion in revenue last year.
Zuckerberg must personally certify Facebook's compliance with its privacy programs. The FTC says false certifications could expose him to civil or criminal penalties.The commission opened their investigation after revelations that data mining firm Cambridge Analytica had gathered details on as many as 87 million Facebook users without their permission.
Hours after Facebook agreed to pay a record $A7.1 billion fine as part of a settlement with the Federal Trade Commission, the company once again showed that its business model of collecting data and targeting ads to users is working as well as ever.
Facebook the American Dream