FILE PHOTO: A Facebook panel is seen during the Cannes Lions International Festival of Creativity, in Cannes, France, June 20, 2018. REUTERS/Eric Gaillard

(Reuters) – Facebook Inc’s potential settlement with U.S. regulators over breaches of consumer data privacy is nearing completion, and the agreement will likely include its WhatsApp messaging service, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Politico reported on Wednesday that Facebook and the Federal Trade Commission (FTC) were negotiating a possible settlement that would require the company to create an independent privacy oversight committee and take other steps to safeguard users.

The FTC has been investigating revelations that Facebook inappropriately shared information belonging to 87 million users with the now-defunct British political consulting firm Cambridge Analytica. The