FTC says Meta should be barred from monetizing data from younger users | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The FTC accused Meta of violating its $5 billion privacy settlement and called for toughening up restrictions on the Facebook parent, after alleging Meta has improperly shared user data with third parties and failed to protect children as it has promised

The proposal to update the binding 2020 settlement with Meta marks a new front in the FTC’s long-running battle with the social media company, which has included multiple lawsuits aimed at breaking up the tech giant or preventing it from growing larger. The FTC said Meta should be banned from monetizing data it collects from younger users.

As part of the FTC’s call for changes, the agency said Meta had misled the public about its compliance with the historic settlement that resolved allegations surrounding the Cambridge Analytica data fiasco, as well as prior agreements with the agency. Meta had allowed personal information to leak to apps that users of the platform were no longer using, the FTC alleged.

 

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

 /  🏆 326. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines