(Credit: Looker Studio/Adobe Stock) FTC Decries Social Media Platforms' 'Vast Surveillance' of Users
Consumers "do not understand how much privacy they are giving up, largely to facilitate targeted advertising," the Federal Trade Commission said in a report on the data practices of social media and video streaming companies.
September 20, 2024 at 08:07 AM
8 minute read
In a scathing report released Thursday, the Federal Trade Commission blasted the world's biggest social media companies and video-streaming platforms for their "vast surveillance" of users, "woefully inadequate" privacy controls and lax efforts to safeguard kids and teens on their platforms.
The 129-page report says that, for years, Facebook, YouTube, Twitter, ByteDance, Instagram and WhatsApp gobbled up user data and created a highly profitable commercial surveillance market at the expense of consumers' privacy and mental health.
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