Federal Trade Commission

Thursday, Apr 25, 2024 | Last Update : 03:36 AM IST

federal trade commission

In a split decision by the FTC, two members said the penalty was insufficient. (Photo: File | AP)

US imposes record USD 5 bn fine, restrictions on Facebook in privacy probe

Federal Trade Commission said the penalty was the largest ever imposed on any company for violating consumers' privacy.

24 Jul 2019 7:18 PM

The deal, which follows a lengthy investigation by the Federal Trade Commission (FTC), allows Facebook to avoid prosecution for its data protection lapses. (Photo: File)

Is a USD 5 billion fine the least painful part of Facebook's settlement?

The real question, remains what type of restrictions and requirements will be placed on FB to ensure future compliance.

24 Jul 2019 1:39 PM

The fine is unlikely to hurt Facebook, which logged a profit of USD 2.4 billion on revenue that climbed 26 per cent to USD 15.1 billion in the first three months of this year. (Photo: AP)

USD 5 billion US fine set for Facebook on privacy probe: report

Facebook has also faced questions about whether it improperly shared user data with business partners in violation of earlier settlement.

13 Jul 2019 10:46 AM

The Libra Association is an independent, not-for-profit membership organization, headquartered in Geneva, Switzerland.

Gamechanger or facade?

In this digital age, with great responsibility comes great scrutiny.

07 Jul 2019 8:22 AM

The emails have raised concerns within the company that they could be a public relations problem, at least, for Facebook.

Facebook CEO may have known of questionable privacy practices: WSJ

Facebook said it has fully cooperated with the FTC investigation till date and provided tens of thousands of documents, emails and files.

13 Jun 2019 1:41 PM

"We're pleased with the court's strong order holding these companies and its owner responsible for the damage they caused," Mr Smith said. (Image: srinubabu.com)

Indian journal publisher fined USD 50 million in US for duping academics

Srinubabu Gedela and his companies would allegedly charge the authors significant publishing fees.

05 Apr 2019 1:14 PM

TikTok has more than 500 million users worldwide, a large number of whom are children.

TikTok to pay $5.7 million fine

Videos uploaded by kids below 13 will be removed from the app after it violated.

03 Mar 2019 12:19 AM

Chopra holds a BA from Harvard College and an MBA from the Wharton School at the University of Pennsylvania. (Photo: Twitter)

US senator recommends Indian-American to serve as Federal Trade Commission chief

Rohit Chopra is currently serving as a senior fellow at the Consumer Federation of America.

10 May 2017 10:50 AM

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Dilip Cherian