Report: FTC’s political wrangling delays Facebook settlement

Business 05/24/19, 16:03

Facebook may have to wait longer before resolving a U.S. government investigation into the company's mishandling of personal information.The Wall Street Journal is reporting that political wrangling is delaying a settlement with the Federal Trade Commission. Facebook could be fined up to $5 billion for various breaches of privacy.The newspaper ...

FTC urged by child advocates to investigate Amazon’s Alexa

Tech 05/09/19, 00:55

Amazon met with skepticism from some privacy advocates and members of Congress last year when it introduced its first kid-oriented voice assistant , along with brightly colored models of its Echo Dot speaker designed for children.Now those advocates say the kids' version of Amazon's Alexa won't forget what children tell ...

US regulators under scrutiny as they look to punish Facebook

U.S. 05/08/19, 03:30

Federal privacy regulators are under scrutiny in Congress as they negotiate a record fine with Facebook to punish the company for alleged violations of its users' privacy. The Federal Trade Commission is considering a rare action holding CEO Mark Zuckerberg personally accountable for Facebook's alleged failure to honor a 2011 agreement ...

Possible $5B Facebook fine echoes European tech penalties

Business 04/24/19, 23:57

The possibility of a $5 billion federal privacy fine for Facebook suggests that U.S. regulators may be taking a cue from the large penalties their European counterparts have been handing out to U.S. technology giants.While investors appear to have shrugged it off for now, the potential fine from the U.S. ...

Facebook takes $3B charge for FTC investigation in 1Q

Politics 04/24/19, 15:12

Facebook is taking a $3 billion charge as a contingency against a possible fine by the Federal Trade Commission. The agency has been investigating Facebook, but has not announced any findings yet. The one-time charge slashes Facebook's first-quarter net income considerably, although revenue grew by 25% in the period. The FTC ...

Report: FTC considering oversight of Facebook’s Zuckerberg

Business 04/19/19, 14:50

Federal regulators are reportedly considering seeking some kind of oversight of Mark Zuckerberg's leadership of Facebook over the social network giant's mishandling of users' personal information.Discussions between Facebook and the U.S. Federal Trade Commission officials about its data-handing lapses have touched on holding the CEO personally accountable, The Washington Post ...

Teen video app Musical.ly agrees to FTC fine

Business 02/27/19, 15:58

The operator of a video-sharing app popular with teenagers agreed to pay $5.7 million to settle federal allegations it illegally collected personal information from children.The Federal Trade Commission said the Wednesday penalty against lip-syncing app Musical.ly, now known as TikTok, is the largest ever obtained in a children's privacy case.The ...

Report: Facebook, FTC discussing ‘multibillion dollar’ fine

Business 02/14/19, 20:47

A report says Facebook and the Federal Trade Commission are negotiating a "multibillion dollar" fine for the social network's privacy lapses.The Washington Post said Thursday that the fine would be the largest ever imposed on a tech company. Citing unnamed sources, it also said the two sides have not yet ...

Report: Facebook’s privacy lapses may result in record fine

Business 01/18/19, 16:02

Facebook may be facing the biggest fine ever imposed by the U.S. Federal Trade Commission for privacy violations involving the personal information of its 2.2 billion users.The FTC is considering hitting Facebook with a penalty that would top its previous record fine of $22.5 million , which it dealt to ...

Battle lines forming ahead of a looming US privacy law fight

Business 01/17/19, 00:20

Privacy advocates are calling for a new federal agency to oversee consumer data privacy. The organizations' plan would sideline the Federal Trade Commission and strengthen digital privacy protections for U.S. citizens.In contrast, a D.C. think tank backed by technology companies is advocating for all federal privacy plans to be rolled ...

Consumer groups allege Google misleads kids in FTC complaint

Business 12/19/18, 00:31

Nearly two dozen consumer, privacy and public health groups are urging U.S. regulators to investigate whether children are being endangered by deceptive apps in Google's app store for smartphones running on its Android software.The 102-page complaint filed Wednesday with the Federal Trade Commission alleges Google's Play store is harming kids ...

Child experts file FTC complaint against Facebook kids’ app

Business 10/03/18, 11:21

Children's and public health advocacy groups say Facebook's kid-centric messaging app violates federal law by collecting kids' personal information without getting verifiable consent from their parents.The Campaign for a Commercial-Free Childhood and other groups asked the Federal Trade Commission on Wednesday to investigate Facebook's Messenger Kids for violating the Children's ...

Congressmen question Google over kids’ privacy on YouTube

Tech 09/21/18, 10:19

Two members of Congress are calling on Google to address concerns that YouTube might violate children's privacy.Rep. David Cicilline, a Rhode Island Democrat, and Rep. Jeff Fortenberry, a Nebraska Republican, sent a letter this week to Google CEO Sundar Pichai asking for more details about how the service collects data.FILE- ...

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