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FTC settlement could impose new privacy practices on the Facebook

Stronger oversight of its data-collection practices could end a wide-ranging federal probe into a series of privacy abuses that came to light last year. The concessions could accompany a multibillion-dollar fine from the Federal Trade Commission, which opened its probe last year.

Facebook has told the U.S. government it is willing to submit to greater oversight of its data-collection practices — from the launching of new services to the decisions of its top executives — to end a wide-ranging federal probe into a series of privacy abuses that came to light last year.

Source: Facebook FTC settlement could impose new privacy practices on the social media company – The Washington Post

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