je.st
news
Tag: ftc
Facebook earnings fall on FTC, tax charges; revenues grow 28%
2019-07-25 07:54:00| Telecompaper Headlines
(Telecompaper) Facebook reported second-quarter net earnings down 49 percent to USD 2.616 billion or 91 cents a share. The results were hurt by another USD 2 billion in provisions for the company's settlement with the FTC and an extra USD 1.1 billion charge for tax.
FTC confirms USD 5 bln fine and 20-year compliance agreement for Facebook privacy violations
2019-07-24 15:28:00| Telecompaper Headlines
(Telecompaper) The US Federal Trade Commission has confirmed a record USD 5 billion fine against Facebook for violating customers' privacy. The regulator also imposed a new compliance regime on the company, valid for 20 years, in order to ensure Facebook and its apps no longer abuse personal data of customers.
Tags: privacy
agreement
fine
usd
US FTC approves USD 5 bln fine for Facebook data violation - report
2019-07-15 08:52:00| Telecompaper Headlines
(Telecompaper) The US Federal Trade Commission has approved a fine of USD 5 billion on Facebook for violating the personal data privacy agreement it reached with the US government in 2011/2012, Reuters reported. The fine follows the Cambridge Analytica incident of 2018, when Facebook shared data belonging to 87 million of its users. The settlement would be the largest civil penalty ever paid to the agency, but a number of lawmakers said the penalty was not high enough.
Occidental Petroleums Anadarko Takeover Receives FTC Approval
2019-06-04 15:15:55| OGI
Occidental Petroleums takeover of Anadarko Petroleum remains subject to other customary closing conditions, including approval from Anadarkos stockholders.
Tags: approval
receives
occidental
takeover
Facebook, FTC discussing creation of 'independent' privacy committee - report
2019-05-02 15:45:00| Telecompaper Headlines
(Telecompaper) Facebook and the Federal Trade Commission (FTC) have discussed the creation of new privacy policies and roles together with an expected multibillion-dollar fine to settle the regulator's investigation into the social network's privacy practices, according to an unnamed source cited by Politico. The deal would involve appointing a federally approved privacy official at Facebook and setting up an "independent" privacy oversight committee that may include Facebook board members, said the source.
Tags: privacy
report
independent
committee
Sites : [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] next »