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FTC demands nine companies disclose their data collection practices


UltraMega

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The agency issued the orders under a law allowing it to conduct “wide-ranging studies that do not have a specific law enforcement purpose,” it announced yesterday. The action doesn't just target big tech companies like Facebook, but also homes in on smaller companies such as Snap, Reddit and Discord that have largely avoided Washington’s glare. 

It comes after the FTC and state attorneys general filed antitrust charges against Facebook last week.

 

FTC commissioners said the review seeks to uncover what companies know about their users, as well as how they process that data and make inferences about user interests and interactions. The study will focus specifically on how children and families are targeted and categorized, as privacy advocates call for greater protections for young users online. 

 

The probe garnered bipartisan support among the agency’s commissioners. Democratic Commissioners Rohit Chopra and Rebecca Kelly Slaughter and Republican Commissioner Christine Wilson released a joint statement stating the review would bring greater transparency to the operations of major tech companies. 

“Policymakers and the public are in the dark about what social media and video streaming services do to capture and sell users’ data and attention,” the commissioners said in the statement. “It is alarming that we still know so little about companies that know so much about us.”

The Technology 202: FTC demands nine companies disclose their data collection practices - The Washington Post

 

Seems like a good thing to me. 

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On 12/15/2020 at 4:50 PM, UltraMega said:

lol, Since Apple got left out of that,FB decided to pull them into the light again. ?https://www.techspot.com/news/87995-facebook-takes-out-full-page-ads-slamming-apple.html

"Facebook takes out full-page ads slamming Apple's iOS 14 anti-tracking feature" They're so anti small business....

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Facebook standing up for small businesses... lol, give me a break. I'm surprised they even published something that said that because the idea is so laughable. Apple, Facebook and google all deserve major fines and new regulations imposed on them. If Microsoft hadn't already had to deal with this and thus learned how to be careful a long time ago I'm sure they'd be on the list too. 

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