Facebook’s $1 billion acquisition of photo-sharing app Instagram is coming under scrutiny in the U.K., as competition regulator the Office of Fair Trading expressed concerns that the social network might prevent Instagram users from uploading photos to other sites, or restrict similar applications’ ability to upload photos to Facebook.
Charging onward to the most gargantuan tech initial public offering of all-time, questions have surfaced as to whether the Federal Trade Commission’s investigation of the merger-and-acquisition deal between Facebook and Instagram could delay the IPO, which is slated for May 18.
Will Facebook’s recent settlement with the Federal Trade Commission over alleged privacy violations impact software companies that help parents monitor the Facebook habits of their kids?
Facebook has turned down an invitation to appear at a December 14 congressional briefing on teen privacy, where the company were asked to discuss the company’s recent settlement with the Federal Trade Commission.
Facebook has formally settled with the U.S. Federal Trade Commission about matters of privacy, although some might interpret the details as much ado about nothing.
When William Shakespeare wrote Much Ado About Nothing, he certainly didn’t have Friday’s published reports about a rumored settlement between Facebook and the U.S. government over privacy concerns in mind, but the title fits.
The new terms for Facebook Credits, effective Friday, may have to ward off an attack by Consumer Watchdog, as the public-interest group filed a 28-page complaint with the Federal Trade Commission, claiming that the social network’s virtual currency stifles competition.
The Federal Trade Commission settlement with Google allowing privacy audits just might end up benefiting the legions of Facebook developers who’ve had to stop using AdSense.
The European Union’s Justice Commissioner Viviane Reding wants Facebook to get ready for stricter data protection laws.