The Federal Trade Commission approved Facebook’s acquisition of immersive virtual reality technology company Oculus VR – maker of the Oculus Rift virtual reality headset — in a deal worth about $2 billion, which was originally announced late last month, Reuters reported.
As previously speculated, the Federal Trade Commission approved Facebook’s $19 billion acquisition of cross-platform messaging service WhatsApp, stressing that WhatsApp must honor its commitment to maintain its pre-Facebook privacy practices.
The New York Post is reporting that the Federal Trade Commission will approve Facebook’s $19 billion acquisition of cross-platform messaging company WhatsApp, which was originally announced in February.
Calling someone a jerk is rude to start off with, but launching a since-shuttered website that collected personal information from Facebook users was definitely a jerk move in the eyes of the Federal Trade Commission, as CNET reported that the FTC filed a complaint against Jerk.com Monday.
The Electronic Privacy Information Center and the Center for Digital Democracy — which filed a complaint with the Federal Trade Commission earlier this month against Facebook’s $19 billion acquisition of cross-platform messaging company WhatsApp, alleging that the privacy of current WhatsApp users will be affected by Facebook’s use of their information — filed an update with the FTC Friday, in response to a blog post by WhatsApp Co-Founder and CEO Jan Koum earlier this week.
Social-sponsorship outfit Izea announced the debut of its Sponsorship Marketplace Monday, saying that the real-time marketplace will allow brands and creators of sponsored content to team up on social networks including Facebook, Twitter, Instagram, Tumblr, YouTube, and LinkedIn.
Facebook’s $19 billion acquisition of cross-platform mobile messaging company WhatsApp, announced last month, became the target of privacy groups, as the Electronic Privacy Information Center and the Center for Digital Democracy filed a complaint with the Federal Trade Commission, alleging that the privacy of current WhatsApp users will be affected by Facebook’s use of their information.
The Federal Trade Commission received 1,655 complaints about Facebook in 2012 — down from 2,171 in 2011, but up from 1,381 in 2010 — but what were people complaining about?
Following Facebook Co-Founder and CEO Mark Zuckerberg’s trip to Washington, D.C., last month, it’s Chief Operating Officer Sheryl Sandberg’s turn to travel to our nation’s capital, as Politico reported that Sandberg will meet with Federal Trade Commission Member Maureen Ohlhausen Wednesday.
The Federal Trade Commission is getting another earful about the update to Facebook’s data use policy and statement of rights and responsibilities, which the social network announced Aug. 29, and this time, the opposition is coming from a coalition of more than 20 public health, youth, and consumer groups.