Twitter facing FTC investigation and possible $250 million fine - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Twitter could be facing an FTC fine of up to $250 million over allegations that it violated an agreement over user data privacy

Monday that it is under investigation by the Federal Trade Commission related to allegations that it violated a 2011 consent agreement — and that it's expecting a "probable loss" of somewhere between $150 million and $250 million.

The FTC's complaint specifically centers on Twitter's alleged use of "phone number and/or email address data provided for safety and security purposes for targeted advertising during periods between 2013 and 2019," according to the filing. Last October, Twitter admitted that it had used phone numbers and emails — which users had uploaded with the intention of securing their accounts with two-factor authentication — in order to. Twitter said the data had been used "inadvertently" and that it didn't know how many people had been affected.

 

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

About time.

Twitter should pay the users

Okay FTC. If you fine twitter 250 Million Where does all that money go? I know it goes right back into the US TREASURIES GENERAL FUND! See this is what is wrong with the system. You are literally robbing a good company like twitter so you can sit on the funds.I smell MAFIA!

Twitter should be banned or be acquired like Tik Tok. Is Right? Lol Lol Lol

blackrock pump stocks... please.

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:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Searchable database of Business Insider pitch decks - Business Insider[Thread] Startups convince investors to fund their ideas using pitch decks. Business Insider regularly seeks out and publishes these decks to give readers an inside look at how successful companies persuaded investors to fund them. For the first time, these decks—presentations that combine slideshows with storytelling—have been combined into a single, searchable library that you can explore. 👇
Source: BusinessInsider - 🏆 729. / 51 Read more »