allegations facebook: The probe has focused on whether the data-sharing violated a 2011 consent agreement between Facebook and the regulator, according to The Japan Times. The FTC is expected to include in the settlement other restrictions on how Facebook should treat privacy, according to the Wall Street Journal, which also said that the agency vote was along party lines, with three Republicans voting to approve it and two Democrats opposed. Investors cheered news of the deal and pushed Facebook shares up 1.8 percent, while several powerful Democratic lawmakers in Washington condemned the proposed penalty as inadequate. ; The FTC has been investigating allegations Facebook inappropriately shared information belonging to 87 million users with the now-defunct British political consulting firm Cambridge Analytica. The settlement would be the largest civil penalty ever paid to the agency. Rep. The FTC and Facebook declined to comment.
(news.financializer.com). As
reported in the news.
Tagged under allegations facebook, privacy investors topics.