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Federal Trade Commission wants to ban Facebook from profiting from kids' data

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The Federal Trade Commission has proposed an update to its 2020 privacy order with Facebook after accusing the social media giant of failing to keep its promises regarding the privacy of children on the platform.
May 3 The Federal Trade Commission has proposed an update to its 2020 privacy order with Facebook after accusing the social media giant of failing to keep its promises regarding the privacy of children on the platform.
“As part of the proposed changes, Meta, which changed its name from Facebook in October 2021, would be prohibited from profiting from data it collects, including through its virtual reality products, from users under the age of 18,” the FTC said in a press release Wednesday.
The FTC said that under the proposed changes, Meta “would also be subject to other expanded limitations, including in its use of facial recognition technology, and required to provide additional protections for users.”
The FTC alleges “the company has failed to fully comply with the order, misled parents about their ability to control with whom their children communicated through its Messenger Kids app, and misrepresented the access it provided some app developers to private user data.

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