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Twitter expecting FTC fine of up to $250M for alleged privacy violations

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Twitter says it’s expecting the Federal Trade Commission to hit it with a fine of between $150 million and $250 million over alleged privacy violations.
Twitter says it is expecting the Federal Trade Commission (FTC) to hit it with a fine of between $150 million and $250 million over alleged privacy violations. In a 10-Q filing with the Securities and Exchange Commission, the San Francisco-based company said it received a draft complaint from the FTC on July 28 detailing alleged violations of Twitter’s 2011 consent order with the commission that required it to stop misleading its users regarding how it protects their personal data. Specifically, the allegations relate to Twitter’s use of users’ phone numbers and email data that it gathered for safety and security purposes but which was also used for targeted advertising between 2013 and 2019.

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