The United States' Federal Trade Commision (FTC) has fined mobile advertiser InMobi $950,000 for tracking locations of hundreds of millions of consumers, including children, without their knowledge or consent to serve them geo-targeted advertising. This was first reported by the Economic Times. The FTC said that InMobi is actually subject to a $4 million civil penalty, which it suspended to $950,000 based on the "company’s financial condition." The FTC contends the fact that InMobi's advertising software would only track consumers’ locations when they opted in and in a manner consistent with their device’s privacy settings. However, InMobi was actually tracking locations even when consumers had denied permission to do so. It further added that InMobi made a database from a user's geolocation (for which they had consented to) and combined that data with wireless networks they were near to document the physical location of…
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