PYMNTS

DECEMBER 12, 2019

Officials at the Federal Trade Commission (FTC) are considering the possibility of a preliminary injunction against Facebook over antitrust issues related to how the social media giant’s apps interact with each other, according to a report by The Wall Street Journal. The FTC action could happen as soon as next month.

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PYMNTS

MAY 9, 2019

In a New York Times op-ed on Thursday (May 9), Hughes said it is time for the government to hold Facebook CEO Zuckerberg accountable, arguing that an impending $5 billion fine by the Federal Trade Commission (FTC) isn’t enough punishment for the company. Nor is the idea of appointing a privacy executive to oversee how it handles data.

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PYMNTS

NOVEMBER 14, 2019

Big Tech is under siege about its failure to respect users’ privacy as the House Judiciary Committee’s antitrust subcommittee expressed frustration over the companies’ many acquisitions, Reuters reported on Wednesday (Nov. Several watchdog groups asked the FTC on Wednesday to block the deal. GOP subcommittee member Rep.

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PYMNTS

NOVEMBER 14, 2019

Big Tech is under siege about its failure to respect users’ privacy as the House Judiciary Committee’s antitrust subcommittee expressed frustration over the companies’ many acquisitions. FTC Probing Visa, Mastercard About Debit Card Practices. Policymakers Press Big Tech On Use Of Personal Data. Investors from the U.S.

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PYMNTS

JUNE 23, 2016

The FTC alleged in a complaint filed yesterday (June 22) that the firm has undermined phone carrriers’ freedom of choice in regards to the collection of their location data. ” According to the FTC, InMobi’s advertising network touches over 1 billion devices around the world via the apps that integrate its code.

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PYMNTS

JUNE 24, 2019

Less than perfect timing to announce one’s entrance into a race where everyone is always leveling up — and then proceeding to make headlines for big blocking and tackling errors like payments processing blinking out not once, but twice, in the same 48-hour period. Bitcoin Booms — Thanks to Facebook’s Libra. So what did we learn this week?

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PYMNTS

JULY 15, 2019

All of those things might help to explain why, despite The Wall Street Journal ’s reporting on Friday (July 12) that the FTC had reached an agreement to fine Facebook $5 billion, the company’s stock closed at $204.87, up $3.84 (1.81 This news comes from “persons familiar with the matter,” and neither the FTC nor Facebook have commented.

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