Facebook is in talks with the US Federal Trade Commission for a settlement over privacy violations which could amount to an unspecified but record breaking multi-billion dollar fine, reports the New York Times. The talks revolve around the agency’s investigation into whether the tech giant violated an earlier 2011 settlement with the FTC (more below). The present probe relates to an investigation the FTC launched after it emerged that Cambridge Analytica had harvested the information of 87 million people via Facebook without their consent. In the present case FTC staffers had met the commissioners in December, and found evidence of the violation of the 2011 agreement. FTC staff make a formal recommendation, which then goes to vote by the agency’s commissioners. The recommendation may or may not go through, depending on the vote. Some FTC officials are pushing for maximum fines citing privacy breaches by Facebook The agency can impose up to $41,000 in penalty for each violation it finds In the 2011 settlement, Facebook had promised multiple measures to protect user privacy after the agency found the company’s data collection and processing to be harmful to users. The agreement required Facebook to a) seek users’ permission to share their data with third parties, and b) notify the commission if a third-party misuses the data. The agreement also tied Facebook to 20 years of privacy checkups to ensure compliance. About a month ago, US regulators met to discuss a possible penalty against Facebook in this case, reported Washington Post. The publication…
- Netflix, Amazon, Viacom18 to challenge India’s new tobacco guidelines for OTT platforms June 5, 2023
- 5 talking points from the Artificial Intelligence stories we covered in May June 5, 2023
- Indian crypto exchanges plan to collect identity details for crypto transfers to private wallets: Report June 3, 2023
- Jugalbandi, A Chatbot for Rural India by Microsoft and EkStep: What to Know and Think About? June 3, 2023
- Hopeful to See Action Against E-Pharmacies Selling Medicines Online Without Licenses: Pharmacy Body Writes to States and UTs June 3, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Is it safe to consider all "publicly available data" as public?
PhonePe launched an e-commerce buyer app for ONDC called Pincode. We, however, believe that it should also launch a seller app.
Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...