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Woman using Facebook. Credit: Nadir Keklik/Shutterstock.com Woman using Facebook. (Photo: Nadir Keklik/Shutterstock)

Facebook’s legal drama over user privacy violations took an expensive turn last Wednesday with a record-setting $5 billion fine from the U.S. Federal Trade Commission, a penalty agency officers said has implications for all companies collecting user data.

The penalty stems from a year-long investigation by the FTC into the social media company’s alleged facial recognition practices, its collection and sharing of data without consent from users, and its lack of transparency for the collection of phone numbers for advertising purposes.

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