Facebook: FTC Pact Means ‘Shift’ In Privacy Approach
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. The fine and the new corporate actions cap an FTC investigation into Facebooks’ alleged violation of a 2012 consent decree, where the company had pledged it would be transparent in how it used data.
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