FTC Commissioners Can't Agree on Possible $5B Facebook Privacy Settlement

A long-awaited multibillion-dollar settlement between Facebook Inc. and federal regulators over privacy missteps has been bogged down by a split between Republicans and Democrats on the Federal Trade Commission, according to people familiar with the matter. Facebook said April 24 that it was expecting to pay up to $5 billion in an accord with the FTC. At the time, people closely following the talks said a settlement was expected within days.