US Senators have demanded an explanation for an "egregiously inadequate" $5 billion fine against Facebook which actually led to a rise in its share price. Facebook had forecast the penalty earlier in the year when it announced first quarter earnings of nearly $15 billion. (Last year, it made profits of $22 billion.) The US Federal Trade Commission (FTC), which approved the fine, also secured agreement from Facebook for wider oversight of how it handles personal data. The FTC's investigation came after the Observer revealed that Facebook had allowed Cambridge Analytica to harvest information and exploit it without the permission of users. This meant Facebook broke a 2011 settlement with the FTC which followed accusations that it had misled users over how it handled their data. Many observers agree that true accountability will only come with personal responsibility, but that idea was reportedly too contentious for the FTC's taste.