However, Sky News notes that the £500,000 fine will be "pocket change" for a company valued a year ago at around $590bn (£445bn).
"A significant finding of the ICO investigation is the conclusion that Facebook has not been sufficiently transparent to enable users to understand how and why they might be targeted by a political party or campaign", Denham wrote.
It also said it would send warning letters to 11 political parties to compel them to audit their data protection practices.
Facebook will address the proposed penalty before the watchdog makes a final ruling.
Facebook admitted in April that as many as 87 million people could have had their data shared with Cambridge Analytica, the now-defunct data firm used by the Trump campaign during the 2016 election.
The Facebook probe is part of a wider investigation into the use of data in political campaigns, which the ICO launched a year ago, the interim results of which are out today. "But this can not be at the expense of transparency, fairness and compliance with the law", ICO's information commissioner, Elizabeth Denham, said in a statement.
"New technologies that use data analytics to micro-target people give campaign groups the ability to connect with individual voters".
Facebook's chief privacy officer Erin Egan said in response to the ICO's report: "As we have said before, we should have done more to investigate claims about Cambridge Analytica and taken action in 2015. But this can not be at the expense of transparency, fairness and compliance with the law". "We're reviewing the report and will respond to the ICO soon".
The penalty from the United Kingdom data watchdog, called the Information Commissioner's Office, could change as the agency discusses the matter further with Facebook. The U.K.'s investigation found "evidence that copies of the data/parts of it also seem to have been shared with other parties and on other systems beyond", which "potentially brings into question the accuracy" of Cambridge Analytica's assertion that it wiped the data from its stores.
The ICO said its investigation is continuing and the next phase is expected to be concluded by the end of October.
The 27-year-old has been a sensational presence in the Premier League and is only beginning to hit his peak. The competition ends this weekend, which is when activity can be expected in the transfer window.
In the end, it had to settle for a more modest $54 million valuation as it raised $4.7 billion from the IPO. Mo Jia, a Shanghai-based analyst with industry consultancy Canalys, said the weak debut was to be expected.
Rory McIlroy was one of the few big names to impress at the Irish Open as Ryan Fox ended the first round with a one-shot lead in his bid to play his way into The Open for the second successive year. "It's not often there's value in my game".
The first kilometer is the hardest, CNN explains, as that's where the children have to navigate a narrow flooded channel. The second phase of the rescue mission began around 11 a.m. local time (midnight ET) and took several hours.
That evenness is why France is the team to beat in the mind of Jeffrey Marcus, publisher of the World Cup newsletter "The Banter". The bracket contains all teams within all eight groups and how they place into the round of 16 in the knockout stage.
Even as the rains let up, authorities warned the downpours had loosened earth on hillsides and mountain slopes creating new risks. These include Hiroshima , Okayama and Ehime prefectures, where 44, 36 and 25 people have died, respectively.
Originally announced in March 2016, it was initially scheduled to land in July 2019 before moving to a July 10, 2020 release date. After an endless amount of hemming and hawing, Indiana Jones 5 is officially confirmed by Disney .
The Date Day: How To Behave When you meet your date offline for the first time, there are many things that can go wrong. That is a very responsible step that will either empower or destroy the already formed relationships.
The youngest child of the Duke and Duchess of Cambridge, Prince William and Kate Middleton was christened at Chapel Royal in St. His Royal Highness Prince Louis of Cambridge is fifth in line to the throne, and the sixth great-grandchild of Queen Elizabeth .
Finally, I think we can hope that the experts would look into the matter in a cautious way in the near future. As per Shearer’s words ‘At least now people have started to look for answers’.
British man exposed to Novichok regains consciousness
The Sturgess family added: "Our thoughts and prayers also go out to Charlie and his family and we wish Charlie a speedy recovery". Williamson was asked in parliament about the threat facing people in Britain after the death of Dawn Sturgess on Sunday.
Man City sign Riyad Mahrez from Leicester
Pep is committed to playing attacking football, which is a flawless for me, and City's performances last season were outstanding. Leicester had already brought in cover with the £24m arrival of attacking midfielder James Maddison from Norwich.
Warframe coming to Nintendo Switch
Players take on the role of a Tenno, a race of ancient warriors, and have a chance to master the Warframe armor. Digital Extreme's free to play third person shooter Warframe has been announced for a Switch release.
General Overview of Cisco CCNA R&S Questions and Answers
In addition to this, they will also build their skills and knowledge levels required to implement WLAN in a small/medium network. At the end of the course, they will also be able to resolve regular issues with EIGRP, STP, and OSPF in IPv4 and IPv6 networks.
Gustav Klimt Could Challenge For 2,000 Guineas
However, Gustav Klimt bounced back with a fine performance at the Barronstown Stud Irish European Breeders Fund in June last year. Gustav Klimt moved to the inside down the final furlong and found just enough speed to beat out his compatriot Nebo by a head .
Seeyouatmidnight to serve the Scots a Grand National double
He was runner-up behind Big River in the Edinburgh Gin Handicap Hurdle at Kelso and he then placed third at Newbury in March. Those having a bet on the Grand National will find him available at 16/1 with Paddy Power in the ante-post list.
How to Choose the Best Tennis Racket
It’s worth familiarising yourself with these categories, as it makes it easier to predict how any given racket will respond. By being less taught and more elastic, you can benefit from a better feel for the ball, and as a result, more power over it.
How Technology Has Completely Changed the Way We Spend Money
The Rise of Mobile Payments Over the last few years, all of the major mobile innovators have stepped into the mobile payment game. As of 2016, Apple Pay had 12 million monthly users , a figure which is sure to rise substantially in the coming months and years.
Latest News on the Global Online Gaming Industry
The company is showing signs of making a comeback, as competitors are forced to merge and consolidate in order to survive. The industry can be broken down further between mobile gambling and desktop gambling (which includes laptops and PCs).