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There was lots of talk this week about Facebook's 2011 “consent decree” with the FTC. What's it mean? And why should you care? We break it down.
Facebook fears no FTC fine. In April, seeing the writing on the wall and perhaps privy to some of the conversations, Facebook set aside $3 billion to cover the costs of the settlement it knew was ...
Facebook’s $5 billion settlement with the FTC is a done deal, but what will it mean for users? Not much will change for consumers, experts say.
Amazon, Apple, Facebook and Google execs testify on Capitol Hill 04:51. The Federal Trade Commission (FTC) slapped Facebook with a $5 billion fine over its role in allowing Cambridge Analytica to ...
The FTC is looking to see whether Facebook violated terms of a 2011 consent order in which the Menlo Park company agreed to get users’ permission for certain changes to privacy settings.
Facebook too could be made to shell out in this indirect way. What the FTC is capable of requiring from Facebook is an open question, since the scale and nature of these violations are unprecedented.
Facebook, however, fiercely resisted the government’s demands, and in the end, the FTC, facing a formidable foe whose $55 billion in revenue last year amounted to almost 200 times the budget ...
FTC boss Lina Khan has pushed for Facebook to unwind itself from its acquisitions. Getty Images. Sources said Zuckerberg defended the February 2012 internal communications in the FTC interview, ...
Facebook must pay a record-breaking $5 billion fine as part of a settlement with the Federal Trade Commission, by far the largest penalty ever imposed on a company for violating consumers' privacy ...
The FTC’s proposed changes include barring Facebook from making money off data collected on users under age 18, including in its virtual reality business. It would also face expanded limitation ...
The FTC previously has blessed Facebook’s expansion through acquisitions of companies including the photo-sharing app Instagram in 2012, though not without qualms.
FTC and 46 states sued Facebook. The FTC and a coalition of 46 states and the District of Columbia sued Facebook in December, asking for a permanent injunction that would force it to divest ...