News Formal

FTC Report Criticizes Social Media Companies for Data Collection Practices

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 34 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 66%

Technology Nachrichten

Social Media,Data Privacy,FTC

The U.S. Federal Trade Commission (FTC) released a report on Thursday criticizing social media companies for their extensive data collection practices, lack of transparency, and inadequate data management policies. The report analyzed the practices of Meta Platforms, TikTok, Twitch, and other platforms, concluding that many companies failed to adequately protect user privacy and control over their data.

Social media companies collect, share and process vast troves of information about their users while offering little transparency or control, including over how it is used by systems incorporating artificial intelligence, the U.S. Federal Trade Commission said in a report released on Thursday.

Discord, a communications platform, said the report lumps very different business models into one category, and that it did not offer advertising at the time the study was conducted.Social media companies gather data through tracking technologies used in online advertising and buying information from data brokers, and other means, the FTC said.

Meanwhile, Big Tech companies have been scrambling to acquire sources of data to train their emerging artificial-intelligence technologies. The data deals are infrequently disclosed and often involve private content locked behind paywalls and login screens, with scant or no notice to the users who posted it.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 31. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Super Micro stock plunges after company delays annual report following short-seller reportSuper Micro stock plunged early Wednesday after the company announced it would delay filing its annual report.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Super Micro stock plunges 19% after company delays annual report following short-seller reportSuper Micro stock plunged Wednesday after the company announced it would delay filing its annual report.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Business world takes the fight to FTC on noncompete ban and antitrust tribunalsThe Federal Trade Commission has been flexing its muscles, and now companies are fighting back.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »