LOCK FUKKERBERG IN JAIL User ID: 73815760 United States 03/27/2018 12:33 PM Report Abusive Post Report Copyright Violation | U.S., States Step Up Pressure on Facebook The attorneys general of 37 states and territories escalate a backlash that has shaken the social-media [ link to www.wsj.com (secure)] Government officials ratcheted up pressure Monday on Facebook Inc. FB -2.93% over its handling of user data, with federal regulators saying they are investigating the social-media giant’s privacy policies and 37 state attorneys general demanding explanations for its practices. The Federal Trade Commission, in a statement, signaled that its probe of Facebook is broad. Tom Pahl, a top FTC official, said the commission “takes very seriously” recent reports raising “substantial concerns about the privacy practices of Facebook.” A separate letter from a bipartisan group of state attorneys general, addressed to Chief Executive Mark Zuckerberg, demanded the company provide answers to a series of questions about its policies and practices for handling information about its users. The letter said the attorneys general are “profoundly concerned” over media reports that outsiders were able to obtain Facebook user information without the users’ consent. The federal and state moves—which came as a third congressional committee asked Mr. Zuckerberg to testify over the user-data issue—added momentum to a push for new regulation of Facebook and other internet giants after the company’s disclosure that an outside firm improperly accessed and retained user information. Facebook’s shares edged up 0.4% on Monday amid a broader market rally, stabilizing after a rout of the company’s stock that began a week earlier and had knocked nearly $75 billion off its market value through Friday. |
Anonymous Coward User ID: 65918617 Ireland 03/27/2018 12:35 PM Report Abusive Post Report Copyright Violation | Re: U.S., States Step Up Pressure on Facebook The attorneys general of 37 states and territories escalate a backlash that has shaken the social-media What about twitter and the other platforms? |
LOCK FUKKERBERG IN JAIL (OP) User ID: 73815760 United States 03/27/2018 12:37 PM Report Abusive Post Report Copyright Violation | Re: U.S., States Step Up Pressure on Facebook The attorneys general of 37 states and territories escalate a backlash that has shaken the social-media |