Published 10:27 IST, August 4th 2020
Twitter could face FTC fine of up to $250 million for misusing emails and phone numbers
Twitter said that the Federal Trade Commission may soon fine the company up to $250 million for improper use of users’ phone numbers and email addresses.
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Micro-blogging website Twitter on August 3 said that Federal Tre Commission may soon fine company up to $250 million for improper use of users’ phone numbers and email dresses. In an SEC filing, social media website said that FTC accused m of using personal details of users to make targeted s between 2013 and 2019. potential fines would come for violations of Twitter’s 2011 agreement with ncy to longer misle consumers about how it protects ir personal information.
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Twitter allegedly violated 2011 agreement
FTC’s draft complaint may cost social media Webster between $150 million and $250 million. While independent government ncy is reportedly alleging that Twitter violated its agreement, micro-blogging site informed that it h disclosed practice back in October. company h reportedly said that it was done ‘invertently’ and called it ‘an error’.
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Twitter informed that commission sent draft complaint on July 28 and described alleged violations of 2011 agreement. social media company in its 10-Q filing with Securities and Exchange Commission said that matter still remains unresolved and re can be assurance as to timing or terms of any final outcome.
While speaking an international media outlet, a spokesperson for Twitter said that company included an estimated range for settlement in 10-Q filed because complaint was received after its quarterly results were filed on July 23.
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(Im: AP)
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10:27 IST, August 4th 2020