A European Union privacy watchdog could fine Facebook as much as $1.63 billion for a data breach announced Friday in which hackers compromised the accounts of more than 50 million users, if regulators find the company violated the bloc’s strict new privacy law.

<p>A European Union privacy watchdog could <a href="https://www.wsj.com/articles/facebook-faces-potential-1-63-billion-fine-in-europe-over-data-breach-1538330906%20" target="_blank">fine Facebook as much as $1.63 billion for a data breach</a> announced Friday in which hackers compromised the accounts of more than 50 million users, if regulators find the company violated the bloc&rsquo;s strict new privacy law.</p>

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