The India ArchivesFederal Trade Commission confirmed Monday that it's investigating Facebook and its data policies following reports that the data analytics firm Cambridge Analytica accessed personal information of 50 million Americans without their knowledge.
Here is the full statement provided by the FTC:
The FTC is firmly and fully committed to using all of its tools to protect the privacy of consumers. Foremost among these tools is enforcement action against companies that fail to honor their privacy promises, including to comply with Privacy Shield, or that engage in unfair acts that cause substantial injury to consumers in violation of the FTC Act. Companies who have settled previous FTC actions must also comply with FTC order provisions imposing privacy and data security requirements. Accordingly, the FTC takes very seriously recent press reports raising substantial concerns about the privacy practices of Facebook. Today, the FTC is confirming that it has an open non-public investigation into these practices.
The FTC's investigation is the most substantial legal and monetary threat to Facebook since its inception in 2004. The Washington Postreports that it could result in the U.S. government hitting Facebook with a massive fine.
The company's stock took a massive hit last week following several reports that the company had mishandled the private data of its users. It's now facing tough questions from Congress, UK Parliament and even individual counties within states. Facebook CEO Mark Zuckerberg also says the company is conducting its own investigation into the matter.
Several news outlets had reported on the FTC investigation last week, but the FTC did not officially confirm it until Monday. Facebook reached a settlement with the FTC in 2011 for failing to keep privacy promises.
Topics Facebook Privacy
Optogenetics: A Virtual Reality System for Controlling Living Cells
How to watch NFL Christmas Gameday and Beyoncé halftime
Nvidia's new PC gaming app is making games run worse, but there's a quick fix
Best Buy Drops this week: Save $120 on the Litter
Best LG B4 OLED TV deal: Save $200 at Best Buy
SMU vs. Penn State football livestreams: kickoff time, streaming deals, and more
Best gimbal deal: Save $30 on Hohem iSteady M7 at Amazon
Best Apple Pencil deal: Save $50 on the Apple Pencil (2nd Gen)
NYT Connections Sports Edition hints and answers for February 15: Tips to solve Connections #145
Samsung Galaxy Buds2 Pro deal: Save 57% in a Best Buy Deal of the Day
SpaceX will try to achieve 2 impressive feats on Monday
The best gift card deals at Amazon for everyone on your list
NYT Connections hints and answers for December 19: Tips to solve 'Connections' #557.
Best Garmin deal: Save $100 on Garmin vívoactive 5
Best Presidents' Day deal: Save $44 on Fitbit Charge 6
NYT Connections Sports Edition hints and answers for December 18: Tips to solve Connections #86
Best Apple AirPods 4 deal: Save $10 at Amazon
SMU vs. Penn State football livestreams: kickoff time, streaming deals, and more
Brest vs. PSG 2025 livestream: Watch Champions League for free
Scientists find 2 stars 'thriving' on the brink of a giant black hole
Tesla drops 'Standard Range Plus' from cheapest Model 3 nameKiller Mike apologized after the NRA used his words to bash the March for Our LivesHow to hide replies on TwitterFord has unveiled a retro '70s concept electric pickup'SNL' to welcome Marvel stars Jonathan Majors and Simu Liu7 spooky TV shows to start even after Halloween endsTiffany Haddish says she witnessed an actress bite Beyoncé's faceBig Tech lost billions because of Apple's privacy changes. Boo fRick Santorum walks back 'CPR' comment but repeats the same mistake'Bob's Burgers' Halloween episodes, rankedPython somehow swallows a slipper, getting surgery to remove itPeople brought their pups to 'Isle of Dogs,' and here are the photosAt long last, 'copypasta' and 'air fryer' have been added to the dictionaryAn ode to 'Dune's sandworms, the coolest creatures you'll see on screen this yearTwitter lets you record Spaces, basically turning them into podcastsPeople are gluing tiny flowers to their faces for this new eyebrow trendAly Raisman slams people blaming sexual abuse on leotardsRick Santorum walks back 'CPR' comment but repeats the same mistakeHow to hide replies on Twitter7 spooky TV shows to start even after Halloween ends Go Down, Cuomo Assimilationists of a Feather Out for Blood Cash Cows Death, Disembodied The City That Lived In the Claws of a Police State On a Wing and a Mayor Scold Habits Die Hard Fine Print The Autopsy Lessons That Matchmaking Show The Loneliness of the Long-Distance Chaturbator Between Memory and Forgetting An Asset Grows in Brooklyn Insurrection in the Eye of the Beholder Billions of snow crabs disappeared, and scientists have a good clue why Robert the Late Modernist A Tale of Two Lockdowns Patagonia founder Yvon Chouinard gives away $3 billion company to fight climate change
3.1413s , 10113.171875 kb
Copyright © 2025 Powered by 【India Archives】,Exquisite Information Network