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President Trump will announce his tax plan Wednesday. Also, Holly Bailey of Yahoo News talks about a briefing Senators will receive on North Korea, and another killing was broadcast on Facebook Live.

Democrats say they have a path forward on social spending. Facebook's new corporate name is Meta, but the app is still Facebook. Ex-New York Governor Andrew Cuomo faces a misdemeanor sex charge.

Under a settlement with the Federal Trade Commission, the company will pay $5 billion and its co-founder could be subject to penalties if Facebook doesn't comply with the agreement.

It is latest attempt to hold a Big Tech company responsible for harm caused in the real world that allegedly was fueled by a social media platform.

Following the unsealing of court documents, children's rights groups are asking the agency to open an investigation into practices that allow such purchases without parental permission.

Facebook's stock has plunged 18 percent, and companies with large followings on the site are threatening the social media platform's ad revenue by deleting their official pages.

The judge had previously tossed the FTC's first attempt at attacking Facebook's alleged monopoly power for lack of evidence. This time, the judge said the FTC "has done its homework."

The attorney general's office filed a subpoena earlier this year as part of an investigation into allegations that the company misused user data.

"We're increasingly seeing attempts to undermine the legitimacy of our elections from within our own borders," Facebook CEO Mark Zuckerberg says.

In an update on a recent security breach, Facebook says 30 million accounts were affected. For nearly half of those, hackers accessed users' searches, locations and other details.