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FTC report reveals social media apps are exactly as bad for privacy as you think they are - MSNA new FTC report highlights how social media and video streaming giants harvest 'vast' amounts of user data to fuel a multi-billion dollar targeted advertising industry. Some companies fail to ...
A new FTC report on how social media and streaming sites collect and monetize their hoards of user data doesn’t really feature a lot of surprises for anyone who’s followed the space.
Social media scams have rocketed over the past half decade as back in 2017 there were 5,000 people who reported social media scams to the FTC, with losses totaling $42 million.
Top social media and video streaming companies are facing new scrutiny from the Federal Trade Commission (FTC), which released a report Thursday morning accusing the platforms of vastly violating ...
The FTC in 2020 requested personal data from nine major streaming and social services, such as Amazon, ByteDance and YouTube. Findings revealed a concerning trend of data monitoring by these ...
Social media companies collect, share and process vast troves of information about their users while offering little transparency or control, the FTC said. Data privacy, particularly for kids and ...
"The investigation is the latest effort by Elon Musk and his allies in the Trump administration to retaliate against Media ...
Overall, the FTC’s data shows social media earned scammers more money in 2021 than any other method of reaching people. There’s a lot for scammers to like about social media, the agency stated.
The challenge of making sure that social media are "fair and balanced" is illustrated by a 2004 FTC complaint against Fox News. Two left-leaning advocacy groups claimed the news outlet's use of ...
The FTC said that investment, romance and e-commerce scams, combined, accounted for 70% of social media scams in 2021, but there were other types of fraud also associated with social platforms.
The consumer watchdog agency is trying to protect users from deceptive ads on social media. The influencer market on Instagram is expected to reach more than $2.5 billion in 2020.
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