The Federal Trade Commission has revealed the details of its $5 billion settlement with Facebook by MichaelFNunez
posted to his Facebook page. “We already work hard to live up to this responsibility, but now we’re going to set a completely new standard for our industry.”
Zuckerberg championed the new agreement in a statement and says he and other executives will now closely examine whether future products meet the company’s privacy commitments. “Just as we have an audit committee of our board to oversee financial controls, we’ll set up a new privacy committee of our board that will oversee our privacy program,” Zuckerberg said.
Facebook general counsel Colin Stretch said in a blog post on Wednesday that the agreement will “require a fundamental shift” in the way Facebook develops new products and how privacy is handled. “Going forward, our approach to privacy controls will parallel our approach to financial controls, with a rigorous design process and individual certifications intended to ensure that our controls are working—and that we find and fix them when they are not,” he said.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Facebook Agrees to New FTC Privacy Oversight, Will Pay $5 Billion Fine Under 20-Year SettlementFacebook, under a 20-year settlement with the Federal Trade Commission over privacy violations, will pay a record-breaking $5 billion fine and submit to new oversight by the commission. The settlem…
Consulte Mais informação »
Facebook to pay $5 billion in settlement with FTCFacebook Inc. agreed to pay a record $5 billion fine and better police its data-privacy practices to settle a long-running federal investigation that has...
Consulte Mais informação »
FTC to Announce $5 Billion Facebook Settlement as Soon as This WeekThe FTC is expected to announce a $5 billion Facebook settlement as soon as this week. The deal would settle user-privacy claims against the tech giant and lead to the creation of an internal oversight board.
Consulte Mais informação »
FTC to announce $5 billion settlement with Facebook as early as this week: sourcesThe U.S. Federal Trade Commission is expected to announce a roughly $5 billion s...
Consulte Mais informação »
Facebook to create privacy panel, pay $5 billion to U.S. to settle allegationsThe Federal Trade Commission is set to announce on Wednesday that Facebook Inc h...
Consulte Mais informação »
Facebook Could Have Been Fined “Tens of Billions”—Then the FTC CavedFacebook's fine from the FTC could have been a lot bigger—if the federal agency hadn't caved under Facebook's pressure
Consulte Mais informação »