By Adrianne Appel2023-05-04T20:37:00
Facebook violated a 2020 data privacy order that mandated enhanced privacy controls for users, the Federal Trade Commission (FTC) alleged Wednesday, recommending stricter controls be imposed on the social media giant.
The alleged violations came to light after an independent third party conducted an assessment of Facebook’s progress toward meeting the requirements of the 2020 order and found “gaps and weaknesses” in the company’s privacy program, the FTC said in its order to show cause.
Facebook, now known as Meta, violated a 2012 FTC order by giving app developers access to users’ private data as recently as mid-2020, the FTC said. The alleged violations of the 2012 order led to the 2020 order and a $5 billion penalty against the company.
2023-06-01T20:34:00Z By Adrianne Appel
Amazon is set to pay more than $30 million comprised of a civil penalty and consumer refunds to resolve two separate cases alleging privacy violations regarding its Alexa voice assistant service and Ring doorbell subsidiary.
2023-05-24T19:23:00Z By Adrianne Appel
The U.S. surgeon general issued a “call for urgent action” to policymakers about further limiting social media access for youth, along with enhancing online privacy protections for children.
2023-05-04T20:21:00Z By Neil Hodge
Meta and other Big Tech firms will soon learn if they might be prevented from transferring the personal data of European citizens to the United States in the way they do now.
2025-10-17T21:09:00Z By Oscar Gonzalez
Even though the U.S. federal government is currently shut down, the U.S. Securities and Exchange Commission appears to still be at work. The financial regulator is reportedly investigating a major insurance and asset management company over its accounting practices.
2025-10-16T20:38:00Z By Neil Hodge
Europe’s massive financial sector has become a magnet for illicit money flowing through its banks and markets. A new EU agency will be taking the problem head-on to fight against money laundering.
2025-10-08T18:28:00Z By Adrianne Appel
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.
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