Tuesday, May 9, 2023
HomeAdvertisingFTC Pushes for Ban on Meta Profiting From Youngsters's Knowledge

FTC Pushes for Ban on Meta Profiting From Youngsters’s Knowledge

Between the traces

Fb has already settled twice with the FTC over privateness violations. The primary violation dates again to 2012, alleging Fb misled customers about how a lot management that they had over their private information. Fb agreed to pay $5 billion in fines to treatment these allegations in 2019. That order was finalized in 2020.

In 2020, Fb settled for $5 billion in civil penalties with the FTC after the Cambridge Analytica scandal. Beneath the settlement, the tech big agreed to impartial assessments of its up to date privateness program.

The most recent alleged violations got here forth after a evaluation by an impartial assessor that discovered “a number of gaps and weaknesses in Fb’s privateness program” that posed “substantial dangers to the general public,” in response to the FTC.

Responding to the FTC’s proposal, Meta spokesperson Andy Stone known as it a “political stunt,” accusing the company of making an attempt to “usurp the authority of Congress to set industrywide requirements.”

Backside line

Meta has 30 days to problem these new findings, after which the company will resolve whether or not updating the 2020 order “is within the public curiosity or justified by modified situations of truth or legislation,” in response to the FTC.



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