FTC wants to ban Facebook from profiting on your kids' data

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FTC wants to ban Facebook from profiting on your kids' data
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The FTC said Facebook is misusing data it gathers on underage users and wants to update federal privacy policy to ban the social media platform's parent company, Meta, from profiting on information harvested from children and teens under 18.

WASHINGTON — The U.S. Federal Trade Commission on Wednesday said Facebook is misusing data it gathers on underage users and wants to update federal privacy policy to ban the social media platform's parent company, Meta, from profiting on information harvested from children and teens under 18.

"Facebook has repeatedly violated its privacy promises," said Samuel Levine, director of the FTC's Bureau of Consumer Protection, in a press release. "The company's recklessness has put young users at risk, and Facebook needs to answer for its failures." In a statement posted on Twitter, Meta spokesperson Andy Stone discounted the FTC claims and said the commission's proposed actions were an attempt to preempt congressional authority.

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