[ad_1] As The Verge reports, the bill would allow the FTC to set minimum privacy and cybersecurity standards for tech companies, issue fines up to four percent of a company’s annual revenue and make it a crime for senior execs to lie to the agency regarding privacy issues. It would empower state attorneys general to […]
Category: federal trade commission
Google to settle YouTube child privacy violations for up to $200 million
[ad_1] The FTC approved the fine last month, but this is the first time the dollar amount has been reported. At the moment, details on the other terms of the settlement are unavailable. Just last week, we learned that YouTube is allegedly planning to ban targeted ads on videos aimed at children. It’s unclear if […]
The FTC is reportedly investigating Juul’s teen marketing tactics
[ad_1] Critics have said the company’s marketing campaigns make the brand attractive to teens. According to federal data, vaping among teens jumped 78 percent from 2017 to 2018. But the company says it has never marketed to youth and that its target market is existing adult smokers. The company previously came under fire for ads […]
Facebook may have scrapped talks to buy Houseparty over antitrust concerns
[ad_1] It was reportedly in discussions last year to buy Houseparty, a group video chat app from the team behind Meerkat. However, it ended the talks after a few weeks, according to the New York Times. Sources told the paper Facebook ultimately decided buying another sizeable player in the social networking space posed too much […]
FTC may be investigating Facebook’s deals for Instagram and WhatsApp
[ad_1] Facebook confirmed in its latest earnings report an FTC investigation was underway, but didn’t go into much detail beyond it having to do with “the areas of social networking or social media services, digital advertising, and/or mobile or online applications.” The acquisition aspect is reportedly the focus of the investigation. Engadget has contacted Facebook […]
FTC to accuse Facebook of misusing phone numbers and facial recognition
[ad_1] The violations, expected to be announced tomorrow, are part of wide-ranging complaint and accompany the FTC’s probe into Facebook’s privacy practices. Last week, the FTC reportedly voted to approve a $5 billion settlement with Facebook. The settlement isn’t official yet, but it’s already being criticized for being too soft on the company. The complaint […]
Facebook reaches $5 billion FTC settlement
[ad_1] The inevitable has happened for Facebook. After weeks of reports that the company was working to settle with the Federal Trade Commission (FTC) over its privacy practices, the two parties have finally come to an agreement. The Wall Street Journal reports that commissioners voted to approve a $5 billion settlement — something Facebook had […]
FTC sues ‘iBackPack’ founder for deceiving crowdfunding backers
[ad_1] The FTC first began investigating iBackPack following a spate of complaints from consumers who supported the project on crowdfunding platforms. Despite a significant amount of funding that exceeded goals set by Monahan, the project missed its promised delivery date, initially set for September 2016. While Monahan assured backers the product was still in the […]
FTC shuts down four major robocall operations
[ad_1] The four organizations involved in the FTC crackdown include: NetDotSolutions, a massive robocalling operation that pitched unsuspecting consumers everything from auto warranties to home security systems and supposed debt-relief services. The company was accused of leaving unlawful prerecorded messages, calling numbers on the Do Not Call registry and using spoofed caller ID to trick […]