WASHINGTON — Google's video site YouTube has been fined $170 million to settle allegations it collected children's personal data without their parents' consent. The Federal Trade Commission fined Google $136 million. The company will pay an additional $34 million to New York state to resolve similar allegations. The fine is...
Facebook Anticipates an FTC Privacy Fine of up to $5 Billion
SAN FRANCISCO — Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users' privacy. The company set aside $3 billion in its quarterly earnings report Wednesday as a contingency against the possible penalty but noted that...