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Facebook Is about to Get a Massive Fine. It Probably Won’t Change Anything

The U.S. government will hit Facebook with a record-breaking multibillion-dollar fine over privacy violations.

Yet experts warn that despite the reported size of the penalty levied by the Federal Trade Commission, without legal restrictions on how Facebook collects and processes data the impact will be limited.

Full article: Facebook Is about to Be Hit with a Massive Fine. It Probably Won’t Change Anything. – VICE

Facebook Hires Up Three of Its Biggest Privacy Critics

In December, Facebook hired Nathan White away from the digital rights nonprofit Access Now, and put him in the role of privacy policy manager. On Tuesday of this week, lawyers Nate Cardozo, of the privacy watchdog Electronic Frontier Foundation, and Robyn Greene, of New America’s Open Technology Institute, announced they also are going in-house at Facebook. Cardozo will be the privacy policy manager of WhatsApp, while Greene will be Facebook’s new privacy policy manager for law enforcement and data protection.

By bringing them in-house, Facebook sends the message that it’s going to give real decisionmaking power to people who deeply understand the ways in which the social media site and its family of apps undermine the privacy of its users. The open question is whether Facebook will actually listen.

Source: Facebook Hires Up Three of Its Biggest Privacy Critics | WIRED

UK politicians put renewed regulation pressures on Facebook

MPs in Britain have once again voiced the need for Facebook to have stricter regulations, calling for urgent measures to combat the proliferation of fake news through the social network, a BBC report reveals.

The firm’s chief, Mark Zuckerberg has been accused of failing to demonstrate leadership and personal responsibility by a Commons committee, due to an inability to control misinformation being distributed by foreign powers across Facebook which threatens to undermine democracy in the UK.

Source: UK politicians put renewed regulation pressures on Facebook following Zuckerberg ‘failure’

Facebook faces multibillion FTC fine over Cambridge Analytica privacy breach

The fallout from the Cambridge Analytica scandal could be about to cost Facebook dear, with reports the social network is in the process of negotiating a multibillion-dollar settlement with the US Federal Trade Commission (FTC) over privacy lapses.

Full article: Facebook faces multibillion FTC fine over Cambridge Analytica privacy breach | The Drum

Facebook monitors and tracks the locations of users it deems a threat

Facebook monitors and tracks the locations of its users when the company’s security team finds that they are making credible threats on its social network.

The company actively monitors its platform for threatening comments. Once Facebook determines that a threat from a user is credible, the company uses data from its products to track that person’s location. However, it’s unclear what a ‘credible’ threat actually looks like.

Source: Facebook monitors and tracks the locations of users it deems a threat – The Verge

Facebook to appeal German data decision

Facebook has said it will appeal a decision by Germany’s main competition authority that serves to restrict its collection and aggregation of personal data.

Facebook said the German regulator had confused the company’s “popularity” with the concept of being ‘dominant’ in the market for the purposes of competition law.

Source: Facebook to appeal German data decision

German Regulator Says Facebook Can’t Use Data From Instagram and WhatsApp

Facebook “was able to build a unique database for each individual user and thus to gain market power,” says Andreas Mundt of Germany’s Federal Cartel Office.

Germany’s antitrust agency is hitting Facebook with “far-reaching restrictions” on the social media network’s practice of merging its users’ data that was gleaned from WhatsApp, Instagram and millions of third-party websites and apps. The decision can be appealed; if it stands, it would force Facebook to add more ways for its users to protect their privacy.

Source: German Regulator Says Facebook Can’t Use Data From Instagram, WhatsApp : NPR

Securities Fraud Claims Get Boost From EU Data Privacy Rules

Investors have filed 14 class actions since January 2018 against companies such as Alphabet Inc.’s Google and Facebook Inc., alleging that bad publicity around data breaches or security flaws, or changes in the data privacy landscape, caused their stock prices to drop, Bloomberg Law data show. Eleven of the lawsuits were filed after the EU’s General Data Protection Regulation (GDPR) took effect last May.

Source: Securities Fraud Claims Get Boost From EU Data Privacy Rules

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