Latest in Gear

Image credit: ASSOCIATED PRESS

Facebook reportedly invites federal oversight of its privacy practices

In exchange for ending the FTC's probe.
163 Shares
Share
Tweet
Share
Save

Sponsored Links

ASSOCIATED PRESS

During Facebook's F8 keynote this week, the company repeatedly hammered one idea: the future is private. While its privacy-focus might be flawed, it looks like Facebook is putting its money where its mouth is. According to The Washington Post, the company told the US government it's open to greater oversight of its data-collection practices, in exchange for ending a federal probe into a series of privacy flops that surfaced last year.

As part of this tradeoff, Facebook may face a multi-billion dollar fine from the Federal Trade Commission (FTC). Sources told The Washington Post that Facebook would also have to more rigorously review new products and services, document its decisions and efforts to avoid privacy pitfalls and take a more active role in policing third-party app developers. Facebook decision-makers could be required to complete quarterly assessments of the company's privacy safeguards, and those reports would be reviewed by independent members of the company's board.

Facebook could also have to submit to FTC-approved checkups by third-party watchdogs, and it would be required to report privacy violations as soon as possible. Future privacy mishaps could lead to even heftier fines.

As The Washington Post notes, negotiations between Facebook and the FTC are ongoing, and the settlement could change drastically before it's final. Still, the fact that Facebook is willingly inviting government oversight, suggests maybe its "future is private" message isn't all talk.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
163 Shares
Share
Tweet
Share
Save

Popular on Engadget

Engadget's Guide to Privacy

Engadget's Guide to Privacy

View
Sonos Move review: Versatility doesn't come cheap

Sonos Move review: Versatility doesn't come cheap

View
ZenBook Pro Duo review: ASUS makes a case for dual-screen laptops

ZenBook Pro Duo review: ASUS makes a case for dual-screen laptops

View
Starbucks Japan wants customers to pay for coffee with pens

Starbucks Japan wants customers to pay for coffee with pens

View
Facebook's $149 Portal TV turns your television into a giant smart display

Facebook's $149 Portal TV turns your television into a giant smart display

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr