New post Need visibility? Apply for a FREE post for your Startup.  Apply Here

Big StoryMobileNews

Twitter to get $250M fine for wrong use of users’ email and phone numbers.

1 Mins read

The tech giant has announced that the Federal Trade Commission may soon fine it up to $250 million for improper use of users’ phone numbers and email addresses. The potential fines would come for violations of Twitter’s 2011 policy with the FTC to no longer mislead consumers about how it protects their personal information.

Between 2013 and 2019, Twitter used phone numbers and email addresses provided “for safety and security purposes” to help target ads. Twitter announced this laat year in October, saying that it was done “inadvertently” and called it “an error.” The FTC evidently believes that Twitter misled consumers by not disclosing that their data may have been used in this way.

Twitter says that the commission sent a draft complaint on July 28th describing alleged violations of the 2011 agreement. Twitter estimates that it could be fined anywhere from $150 million to $250 million, and it’s setting aside $150 million in expectation of a fine. “The matter remains unsettled, and there can be no assurance as to the timing or the terms of any final outcome,” Twitter writes in its 10-Q filings with the Securities and Exchange Commission.

A Twitter Spokesperson said the company “included an estimated range for settlement” in the 10-Q filed today because the complaint was received after its quarterly results were filed in July.

Related posts
ArticleMobileNews

WhatsApp Rolls Out Companion Mode to iOS Users, Enabling Multi-Device Connectivity

2 Mins read
WhatsApp, the popular messaging platform, has commenced the rollout of Companion Mode for iOS users, bringing multi-device connectivity to the platform. The…
ArticleNews

Twitter Tests "Community Notes for Media" Feature to Address Misleading AI-generated Content

2 Mins read
As the prevalence of AI-generated images and videos grows on social media platforms like Twitter, the need to combat misleading and manipulated…
ArticleBig StoryNews

WhatsApp Begins Beta Testing Screen Sharing Feature for Video Calls

2 Mins read
WhatsApp, one of the leading messaging apps, is set to revolutionize communication with its latest update. The platform is rolling out a…
Get powered up with Techpadi Newsletter

Be the first to know what's happening in the African tech space

Leave a Reply