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TikTok?s Data Privacy Policies Draw Eyes Of EU Authorities

PYMNTS

TikTok , the popular Chinese short-form mobile video app, is facing more scrutiny over its privacy policies, Bloomberg reported. senators urged the Federal Trade Commission (FTC) to investigate allegations that TikTok violated a consent decree protecting children’s privacy, Dig.Watch reported.

Privacy 101
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Twitter to pay USD 150 mln over user data privacy

The Paypers

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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Unprecedented Facebook Data-Sharing Plan Takes Off After Privacy Delays 

PYMNTS

When the independent research commission Social Science One launched in 2018 to study Facebook data, scientists never thought it would take two years to get their hands on information, according to reports on Thursday (Feb. Some privacy advocates were against the project.

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FTC Looking For Comments On Customer Privacy, Security Amendments

PYMNTS

The Federal Trade Commission (FTC) has requested comment on the proposed amendments of two rules that protect the privacy and security of customer data held by financial institutions (FIs). The proposed changes are related to the Safeguards Rule and the Privacy Rule under the Gramm-Leach-Bliley Act.

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Zuckerberg Emails Could Link CEO To Privacy Issues

PYMNTS

The Wall Street Journal is reporting that there are emails sent by Facebook CEO Mark Zuckerberg that possibly link him to troublesome privacy issues at the company. The emails came to light during the ongoing federal probe by the Federal Trade Commission (FTC). The FTC is investigating whether it indeed did so.

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Amazon Among 51 CEOs Petitioning For Privacy Laws

PYMNTS

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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Facebook: FTC Pact Means ‘Shift’ In Privacy Approach

PYMNTS

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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