FTC Demands Social-Media, Operations Data From Big Tech Companies

  • 📰 WSJ
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The Federal Trade Commission on Monday ordered Amazon, Facebook, Twitter and other big tech companies to turn over detailed, private business information about how they track Americans’ online activities and how they use that data

By Ryan Tracy Close Ryan Tracy Dec. 14, 2020 4:09 pm ET WASHINGTON—The Federal Trade Commission on Monday ordered nine prominent social-media and internet companies to provide a litany of data about their operations as part of a wide-ranging study into their business practices.

The announcement isn’t a law-enforcement action and doesn’t carry any immediate penalties, though the information gathered could form the basis for future action by the FTC. The agency has broad legal authority to seek information from U.S. companies and is also empowered to police unfair and deceptive business practices.

FTC Chairman Joseph Simons voted with the 4-1 majority to approve the order, but without comment. Commissioner Noah Phillips dissented, saying he supported the broader objective but calling the FTC’s request “an undisciplined foray into a wide variety of topics, some only tangentially related to the stated focus of this investigation.”

“We’re working, as we always do, to ensure the FTC has the information it needs to understand how Twitter operates its services,” said a Twitter spokesperson.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wow, finally someone is stepping up in the government to find out what is happening with all our information. Also, how much of our information is being used by their associates in China as well. All of these companies have close relationships with the communist Chinese.

ApologizeToDoctorBiden

Ireland Ireland Latest News, Ireland Ireland Headlines