PYMNTS

AUGUST 20, 2020

Facebook CEO Mark Zuckerberg testified before the Federal Trade Commission (FTC) as part of the agency’s antitrust investigation into the popular social media giant, CNBC reported. Zuckerberg, for his part, has contended that competition is important to Facebook as it helps the social media company continue to innovate.

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PYMNTS

JANUARY 18, 2019

Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook , a punishment that could be sizable in scope and which comes in the wake of privacy violations. Other data privacy issues have been reported beyond that linkup. million paid by Google in 2012.

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PYMNTS

SEPTEMBER 10, 2019

An open letter to Congress asking for a consumer data privacy law was signed by 51 CEOs across tech and other industries, CNBC reported on Tuesday (Sept. Executives from the Business Roundtable said in the letter that putting a federal law in place is important and necessary to protect American consumers while also ensuring that the U.S.

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PYMNTS

MAY 2, 2019

Facebook is in discussions with the Federal Trade Commission over a settlement that would include appointing privacy-focused executives in the C-suite. Talks are ongoing and details could change, but under the current discussions, Facebook would name a privacy executive that is approved by the federal government.

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PYMNTS

JUNE 16, 2019

The move comes a year after privacy researcher Hang Do Thi Duc downloaded 207 million Venmo transactions to prove a similar point. Last year, PayPal — which owns Venmo — settled with the Federal Trade Commission over privacy and security violations after it was accused of misleading users over its privacy settings.

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PYMNTS

JULY 24, 2019

For Facebook, it’s a $5 billion fine and a “fundamental shift” in how the social media giant addresses privacy practices. As reported on Wednesday, the Federal Trade Commission has said that it will fine Facebook $5 billion in the wake of the company’s mishandling of millions of users’ personal data.

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PYMNTS

DECEMBER 21, 2020

Facebook to Migrate UK Users to California Privacy Agreement Due to Brexit. users into new agreements with its California headquarters, effectively going around the EU’s stringent privacy regulations as Britain prepares to leave the EU. Facebook Ad Criticizes Apple Over Privacy Changes. Facebook will transition its U.K.

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PYMNTS

JULY 24, 2019

The Federal Trade Commission announced that it has filed a suit against data analytics company Cambridge Analytica. In addition to the administrative complaint, the agency also revealed that it filed settlements with Cambridge Analytica’s former chief executive and an app developer who worked with the company.

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PYMNTS

AUGUST 12, 2019

The European Union’s Facebook investigations under the bloc’s new privacy laws could wrap up by the end of this year, The Wall Street Journal reported on Monday (Aug. The EU’s privacy enforcement for Facebook is led by Ireland’s Data Protection Commission since the social platform’s regional headquarters are in Dublin.

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PYMNTS

JULY 24, 2019

For Facebook, it’s a $5 billion fine and a “fundamental shift” in how the social media giant addresses privacy practices. As reported on Wednesday (July 24), the Federal Trade Commission (FTC) has said it will fine Facebook $5 billion in the wake of the company’s mishandling of millions of users’ personal data.

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The Paypers

MAY 26, 2022

Social media platform Twitter has failed to protect the privacy of users’ data for six years and has been ruled by the Justice Department and the Federal Trade Commission in the US to pay USD 150 million in penalties.

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PYMNTS

NOVEMBER 20, 2019

Apple CEO Tim Cook said that privacy is something that needs to be a factor throughout a product’s entire development process. You don’t bolt-on privacy,” Cook said at Salesforce’s Dreamforce conference on Tuesday (Nov, 19). You can see what happens when companies wake up one day and decide they’re going to do something privacy-wise.

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PYMNTS

AUGUST 23, 2018

The safety and privacy of Venmo users and their information is always a top priority, and we do a number of things to keep our users informed and help them protect and control their privacy.”. The discussions are the result of growing concerns over the app’s privacy.

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PYMNTS

APRIL 24, 2019

More consumers keep using Facebook even as the social network said on Wednesday (April 24) that it faces a fine of between $3 billion and $5 billion from the Federal Trade Commission over privacy. The federal agency has accused the social media platform of violating a privacy consent decree from 2011.

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PYMNTS

MARCH 18, 2016

The Federal Trade Commission issued warning letters to 12 app developers that have installed software that can monitor the microphones that are part of devices. There are guidelines for best practices in place via a 2013 staff report for privacy disclosures in mobile apps.

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PYMNTS

MARCH 7, 2019

Data privacy and security is becoming a popular political issue, and the latest proof of that came Thursday (March 7) on Capitol Hill. The hearing took place at a time of increasing scrutiny for online privacy and security. During a hearing for the U.S. Rather, it looks like Marriott inherited this breach from Starwood.”.

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PYMNTS

JUNE 26, 2020

“I can’t remember the last time you had just about everybody get on the train,” William Kovacic, a former Federal Trade Commission (FTC) chairman under President George W. Bush, said at the time. At the same time, the U.S.

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PYMNTS

JULY 23, 2019

The Washington Post is reporting that as part of a milestone settlement against Facebook, the Federal Trade Commission (FTC) is going to say that Facebook lied to users about handling phone numbers and that it misled users about turning off a photo recognition tool. The new board committee will be added to the existing team.

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PYMNTS

JULY 17, 2020

Facebook Inc’s top executives could be required to testify before the Federal Trade Commission (FTC) as the regulator investigates whether the California-based social media conglomerate has violated U.S. antitrust laws, sources told The Wall Street Journal. An FTC spokeswoman declined to comment.

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PYMNTS

DECEMBER 24, 2019

In its ongoing attempts to fix its privacy standards, Facebook will no longer use phone numbers to determine who one sees on their “people you may know” list, according to Reuters. The move is an attempt by the company — which has been dogged by privacy scandals for years now — to correct misuses of peoples’ data.

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PYMNTS

MAY 12, 2020

The Federal Trade Commission may be looking into privacy concerns surrounding online video call software Zoom , Chairman Joseph Simons revealed. Zoom has seen massive increases in usage since the coronavirus pandemic began and people have needed ways to stay in touch socially or for work.

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PYMNTS

NOVEMBER 30, 2017

Privacy regulators of the European Union said Wednesday (Nov. have called for congressional hearings and asked the Federal Trade Commission (FTC) to look into the latest scandal at the ride-sharing company. and Germany will all be part of the task force. Uber paid the hackers $100,000 to keep quiet about the cyberattack.

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PYMNTS

DECEMBER 6, 2019

The Federal Trade Commission (FTC) found on Friday (Dec. The FTC also found that the firm lied about how it was participating in the Privacy Shield framework between the EU and the U.S., which is a pact relating to the transfer of personal data across borders.

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PYMNTS

FEBRUARY 19, 2019

The Federal Trade Commission ( FTC ) has received a complaint against Facebook that alleges the social media giant wrongfully disclosed information on members of closed groups. At least in some cases, this was done contrary to the specific privacy decisions made by Facebook users.”.

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PYMNTS

MARCH 31, 2019

Facebook has been in the spotlight for its own problems with policing content and privacy for its users. Also, the government and Facebook are reportedly negotiating a settlement in the neighborhood of multi-billions for the company’s privacy issues. . In other Facebook news , the U.S.

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PYMNTS

OCTOBER 22, 2018

Fraudsters have found a new favored method for the holidays, the Sears’ bankruptcy filing finally came in and the major card networks found themselves on the wrong side of India’s emerging data privacy efforts. Problems With India’s Privacy Law. Gift Cards’ New Unfavorable Fans. locations at its peak. Some major U.S.

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PYMNTS

FEBRUARY 28, 2019

Cuomo said the sharing of data was “an outrageous abuse of privacy,” and that federal regulators should join the investigation and “help us put an end to this practice.”. The company is also being investigated by the U.S.

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PYMNTS

AUGUST 21, 2020

Amid an approaching Federal Trade Commission (FTC) meeting, Facebook has advocated for rules that make it simpler for users to move media to a competing technology firm, Reuters reported. The FTC often issues reports following these workshops,” Facebook Privacy and Public Policy Manager Bijan Madhani told the newswire. “I

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PYMNTS

FEBRUARY 11, 2020

A Federal Trade Commission (FTC) investigation into the biggest five tech companies in the U.S. The FTC panel said it wanted the commission to look into “consumer protection issues arising from the privacy and data security practices of technology companies, including social media platforms.”.

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PYMNTS

NOVEMBER 25, 2019

It pre-dates the 2018 Cambridge Analytica privacy scandal that exposed as many as 87 million Facebook users. The company was fined a record $5 billion by the Federal Trade Commission for privacy violations. The suit alleged that Facebook broke an Illinois biometric privacy law.

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PYMNTS

JUNE 16, 2019

The speech encompassed privacy violations and data breaches, among other topics, CNBC reported. Cook said, “We see it every day now with every data breach, every privacy violation, every blind eye turned to hate speech, fake news poisoning out national conversation, the false miracles in exchange for a single drop of your blood.”

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PYMNTS

JANUARY 6, 2020

The data scandal has, so far, cost Facebook $5 billion in a Federal Trade Commission (FTC) fine. However, there was not an official investigation, nor were specific privacy rules handed down to the social media giant. Since the Cambridge Analytica scandal, Facebook has been hit with several other privacy scandals.

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PYMNTS

JANUARY 6, 2020

prepares for a potential Iranian cyberattack, and businesses are expected to spend $55 billion to become compliant under the California Consumer Privacy Act. Businesses To Spend $55B On CA Privacy Law Compliance. Companies are expected to spend $55 billion to become compliant under the California Consumer Privacy Act.

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PYMNTS

FEBRUARY 27, 2019

million by the Federal Trade Commission (FTC) over the illegal collection of data from children, the FTC said on Wednesday (Feb. This is the largest civil penalty ever obtained by the Commission in a children’s privacy case,” the FTC said. TikTok has been fined a record $5.7

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PYMNTS

SEPTEMBER 3, 2019

It’s been in the middle of a privacy dispute that resulted in a 2015 lawsuit filed by users in Illinois. Facebook is accused of breaking the state’s law on biometric activity, called the Biometric Information Privacy Act. Tag Suggestions, a feature that lets people tag friends, has been controversial.

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PYMNTS

SEPTEMBER 27, 2016

The Federal Trade Commission wants changes to the FTC Act that would allow it to provide better protection to consumers and increase competition. Also included in the testimony were the commission’s efforts to protect consumers’ privacy and data security. Ohlhausen and Terrell McSweeny to the U.S.

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FTC Federal Trade Commission Consumer Protection Settlement 63

PYMNTS

NOVEMBER 27, 2018

Securities and Exchange Commission (SEC), Federal Bureau of Investigation (FBI), Department of Justice (DOJ) and Federal Trade Commission (FTC). As a result, the scandal is being investigated by the U.S. The company was also hit last month with a $644,600 fine in the U.K.

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