The US Federal Trade Commission has taken the unusual step of confirming a probe into Facebook following revelations on the leakage of data on millions of users of the social network
A USA consumer protection agency said Monday it has opened an investigation into Facebook for potentially failing to live up to its promises on privacy and possible violations of a consent decree.
Amid fallout from the Cambridge Analytica scandal, the Federal Trade Commission reiterated Monday its commitment to protecting data privacy for consumers interacting with the likes of Facebook, Inc.
In a statement, the FTC said it has opened a non-public investigation into "recent press reports raising substantial concerns about the privacy practices of Facebook".
The social media company has been mired in controversy over reports that Cambridge Analytica, a political firm that worked on President TrumpDonald John TrumpMcCaskill: Clinton should be more careful in how she describes Trump voters Stormy Daniels lawyer slams critics who say there was "nothing new" in "60 Minutes" interview Costello won't seek reelection in Pennsylvania MORE's 2016 campaign, used data from roughly 50 million Facebook users without permission. While Facebook executives now invite "regulation", HAE believes that the vital first step to remedying the misconduct is improved corporate governance at Facebook, including action against the Board and executives that reportedly permitted this massive and longstanding data breach to continue. At the heart of the agency's complaint was that Facebook said users could keep the information they share private, but a change to the site's privacy settings had made more data public.
Spotify says 2 million users avoiding ads without paying
Well, according to their IPO filing , over 2 million users were doing it, accounting for over 2% of its free subscriber base. Its operating loss was US$461 million (AU$596 million), compared with around US$425 million (AU$550 million) in 2016.
Utah State Women's Tennis Sweeps Montana, 7-0
Kercheval said Eastern Kentucky is a very good and consistent team, but he is confident that the Panthers are not that far behind. Two other Panthers came decently close to winning a set and taking their respective matches to a third set.
Eun-Hee Ji comes up aces, captures Kia Classic
She finally broke through at last year's Swinging Skirts LPGA Taiwan Championship, routing the field by six. Lizette right next to me, she's like, 'Dunk in the hole, ' and then (I saw it) just go in".
Facebook said it was open to assisting the FTC. "We appreciate the opportunity to answer questions the FTC may have". US auto parts retailer Pep Boys on Monday suspended all advertising on Facebook, joining internet company Mozilla Corp which made a similar move last week.
At the weekend Facebook took out full page newspaper ads in the United States and UK apologizing for failing to protect users' information.
Zack Whittaker can be reached securely on Signal and WhatsApp at 646-755-8849, and his PGP fingerprint for email is: 4D0E 92F2 E36A EC51 DAAE 5D97 CB8C 15FA EB6C EEA5.
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Is The Stock Safe to Invest? An RSI between 30 and 70 was to be considered neutral and an RSI around 50 signified no trend. Ticker has Quick Ratio of 1.4 which indicates firm has sufficient short-term assets to cover its immediate liabilities.
