Alva Review-Courier -

WASHINGTON (AP) — Facebook is facing a fine and new limits on the way it does business as part of a settlement over allegations that the social media giant failed to properly protect the privacy of millions of users' personal data.

Here's a look at the key elements of the settlement, in which Facebook does not admit to any wrongdoing.

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FINE

—Facebook will pay $5 billion, about 9% of its revenue last year, to federal authorities.

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NEW PRIVACY REQUIREMENTS

— Facebook will have to more closely police how third-party developers use its platforms and ensure it no longer allows preferential pa...