WASHINGTON—Federal regulators are pushing Facebook Inc. to accept significant changes to its corporate governance as part of a settlement of user privacy concerns, with reorganization of the company’s board one likely result. The changes being negotiated between the Federal Trade Commission and Facebook would alter the board’s structure by adding a committee focused on privacy practices, according to a person familiar with the matter. The aim would be to put privacy on par with the board’s other responsibilities, strengthening...

Source: Wall Street Journal May 02, 2019 14:56 UTC