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The Federal Trade Commission (FTC) has voted to approve fining Facebook approximately $5 billion as a penalty for the company's privacy violations in the Cambridge Analytica scandal, The Guardian reported. According to the Washington Post, an anonymous source familiar with the issue said Friday that the settlement was approved 3-2, and that the Justice Department is expected to approve the move. In addition to the fine, which would be the highest ever levied by the FTC against a technology company and the highest ever levied for a privacy violation, Facebook will reexamine how it handles user data. The Washington Post...

WASHINGTON — The government on Wednesday awarded $5 billion in grants that President Barack Obama said would pay for research into cures for cancer and other diseases, and create tens of thousands of jobs. Obama made the announcement at the National Institutes of Health campus in Bethesda, Md., with Health and Human Services Secretary Kathleen Sebelius. Before making remarks about the grants, Obama and Sebelius toured a NIH oncology laboratory. "That's a pretty spiffy microscope," Obama remarked as he walked through the lab. Researchers allowed the president take a look at the brain cells they're studying, explaining the difference between...