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Sunday, March 29, 2020
Personal privacy group asks court to reassess FTC’s $5 billion Facebook offer

Personal privacy group asks court to reassess FTC’s $5 billion Facebook...

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Getty Images | Ted Soqui A group of privacy and consumer organizations is asking a federal court to slow its roll on approving the Federal Trade Commission's $5 billion settlement with Facebook, saying it doesn't do nearly enough to protect individuals. The Electronic Privacy Information Center (EPIC) filed the motion to intervene (PDF) with the…
You can go claim a minimum of $125 from the Equifax settlement today

You can go claim a minimum of $125 from the Equifax...

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Bloomberg | Getty Images There is at long last a silver lining for the 144 million of us who had our personal data leaked in the gigantic 2017 Equifax data breach: cash money. Under the terms of its settlement with the Federal Trade Commission, Equifax established a fund of at least $300 million to compensate…
Facebook cofounder Chris Hughes is apparently speaking with the United States federal government about how to separate Facebook (FB)

Facebook cofounder Chris Hughes is apparently speaking with the United States...

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Chris Hughes, a Facebook cofounder-turned-outspoken critic of the social network, is in conversations with US regulators about breaking up the tech company. The New York Times reported on Thursday that Hughes, who left Facebook in 2007, has met with the Federal Trade Commission (FTC), US Department of Justice, and unspecified state attorneys general over the…
FTC fines Facebook $5 billion, enforces brand-new personal privacy oversight

FTC fines Facebook $5 billion, enforces brand-new personal privacy oversight

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Enlarge / The company can afford to shrug it off. The Federal Trade Commission today announced a long-rumored, record-smashing $5 billion settlement with Facebook over allegations related to user privacy. The fine is high, and the settlement demands more privacy oversight at the company. But what the deal does not do is find anyone, including…
A brand-new Facebook personal privacy defect permitted countless kids on Messenger Children to get in group talks with complete strangers (FB)

A brand-new Facebook personal privacy defect permitted countless kids on Messenger...

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Facebook's Messenger Kids is supposed to provide parents complete control over who their children chat can with on the app. But as The Verge reported on Monday, that key promise appears to have been broken, thanks to a design flaw with the app. According to the report, Messenger Kids had a design flaw that allows…
Leading Democrat prompts FBI and FTC to examine FaceApp over its Russia ties

Leading Democrat prompts FBI and FTC to examine FaceApp over its...

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Senate Minority Leader Chuck Schumer wrote a letter to the FBI and Federal Trade Commission (FTC) expressing his "concerns" over the popular FaceApp app that has proliferated across social media channels. Schumer's scrutiny over the app stems from its origins in Russia; he believes its use by Americans "could pose national security and privacy risks…
Facebook’s FTC fine will be $5 billion– or one month’s worth of profits

Facebook’s FTC fine will be $5 billion– or one month’s worth...

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Getty Images | Ted Soqui The Federal Trade Commission and Facebook have reportedly agreed on a $5 billion fine that would settle the FTC's privacy investigation into the social network. With Facebook having reported $15 billion in revenue last quarter, the $5 billion fine would amount to one month's worth of revenue. The FTC voted…
D-Link consents to brand-new security keeping track of to settle FTC charges

D-Link consents to brand-new security keeping track of to settle FTC...

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Router and webcam maker D-Link has agreed to implement a new security program to settle charges it failed to safeguard its hardware against well-known and preventable hacks and misrepresented its existing security regimen. Tuesday’s agreement settles a 2017 complaint by the US Federal Trade Commission that alleged D-Link left thousands of customers open to potentially…
The United States Justice Department is supposedly preparing a prospective antitrust case versus Google (GOOG, GOOGL)

The United States Justice Department is supposedly preparing a prospective antitrust...

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The Justice Department (DOJ) is preparing a potential antitrust investigation involving Google, according to a Wall Street Journal report on Friday. According to the report, Google is facing the possibility of investigation by the Justice Department over its search and other businesses. Per the Journal, the Justice Department has already been in touch with third-party…
Facebook drew in over $420 million from sales in Australia in 2018, however paid approximately 2% of that in taxes

Facebook drew in over $420 million from sales in Australia in...

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Facebook raked in over $420 million in sales in Australia last year, but paid just $8.3 million in taxes — roughly 2% — to Australia's tax authority. According to the Sydney Morning Herald, the company's local operations made $AU598 million ($420 million) last year, mostly from advertising. The Herald also reported that the company paid…

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