Facebook agrees to regular probes as part of FTC settlement

Facebook agrees to regular probes as part of FTC settlement

Facebook (FB) won’t be paying a massive $22.5 million fine like Google (GOOG) did as part of its settlement with the Federal Trade Commission, but it will have to submit to regular third-party audits to ensure it’s not inappropriately handling its users’ data. The Wall Street Journal reports that Facebook will now need to gain express permission from users before sharing their data with third parties and to “maintain a … [Read more...]