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FTC seeks data on how social media companies use personal data

FTC seeks data on how Facebook, Twitter, TikTok and six other major social media and video companies use personal data in new privacy probe The Federal Trade Commission launched a new inquiry into the privacy and data collection practices of nine major social media and video streaming companies The inquiry, announced Monday, targets Amazon, TikTok owner ByteDance, Facebook, Twitter, Reddit, YouTube, WhatsApp, Discord and Snap  The nine companies will be required to provide data on how they collect, use, track and present personal and demographic information  They will also have to hand over data on how they determine which ads are shown to consumers 

FTC Requests Nine Social Media Companies Disclose Information About Data Collection, Advertising

FTC Requests Nine Social Media Companies Disclose Information About Data Collection, Advertising
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FTC demands Amazon, Facebook and others explain their privacy practices

December 14th, 2020 Rawpixel via Getty Images The Federal Trade Commission has ordered nine social media and video streaming companies to provide details about their privacy practices, including how they collect and use personal information. It has also asked Amazon, TikTok owner ByteDance, Discord, Facebook, Reddit, Snap, Twitter, WhatsApp and YouTube to submit data on advertising and user engagement, and explain how their activities affect kids and teens. From the day they receive the order, the companies have 45 days to respond. The agency has the authority to conduct wide-ranging studies that do not have a specific law enforcement purpose. As notes, data collected in such studies could pave the way for legal proceedings if officials unearth actionable information.

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