In legal filings on Friday, the Justice Department said the deal would bring 'substantial relief' to consumers and Facebook argued that the settlement would provide 'privacy protections far beyond those required by United States law.'
Facebook and the FTC have defended the record fine and settlement terms.
Under the settlement, which concludes a year-long investigation prompted by the 2018 Cambridge Analytica scandal, the social networking giant must expand its privacy protections across Facebook itself, as well as on Instagram and WhatsApp. It must also adopt a corporate system of checks and balances to remain compliant, according to the FTC order. Facebook must also maintain a data security program, which includes protections of information such as users' phone numbers.
Separately, Facebook agreed to pay $100 million to settle data misuse charges brought by the Securities and Exchange Commission.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Exclusive: U.S. pushing India to buy $5-6 billion more farm goods to seal trade deal - sourcesThe United States wants India to buy at least another $5-6 billion worth of Amer...
Weiterlesen »
Exclusive: U.S. pushing India to buy $5-6 billion more farm goods to seal trade deal - sourcesThe United States wants India to buy at least another $5-6 billion worth of Amer...
Weiterlesen »
Fender Agrees to Pay Record Fine for U.K. Price FixingGuitar maker Fender has been fined £4.5 million ($5.9 million) for breaking British competition law.
Weiterlesen »
Tweets urge calls to Supreme Court for fair Senate trialThe Supreme Court doesn&39;t have a public comment line for its own work, much less the Senate&39;s. The court is receiving “a higher than usual number of public calls," Supreme Court spokeswoman Kathy Arberg said. Roberts is presiding over the Senate impeachment trial.
Weiterlesen »
Quit smoking and you may add a decade to your life, but don't vape, says Surgeon GeneralSurgeon General Jerome Adams urged U.S. consumers to try one of the many FDA-approved smoking cessation products instead of vaping because there isn't 'sufficient evidence' it works.
Weiterlesen »