Facebook faces fine

WASHINGTON, Jan 21 (Reuters): US regulators have met to discuss imposing a fine against Facebook Inc for violating a legally binding agreement with the government to protect the privacy of personal data.

The Washington Post said this citing three people familiar with the discussions.

The Federal Trade Commission has been probing Facebook since last year. It has not finalised its findings in the Facebook investigation or the total amount of the penalty, according to the newspaper.

Facebook has talked with FTC staff about the investigation, one of the people familiar with the probe told the Post.