FTC: Social media and video streaming companies violate user privacy on ‘vast’ scale
A Federal Trade Commission (FTC) report released Thursday asserts that large social media and video streaming companies are essentially maintaining an all-seeing surveillance apparatus that spies on consumers with few internal controls to regulate how users and non-users’ data is collected, stored and sold.
The report is based on FTC orders for information sent to nine platforms including Meta, Amazon, X, Snap, YouTube and ByteDance, the parent company of TikTok.
The orders were sent in 2020 and reflect the companies’ practices between 2019 and 2020 — but the agency said many of the behaviors it covered remain in use today.
The information the FTC collected from the companies is being released now in part because Congress is currently considering legislation — known as the Kids Online Safety Act (KOSA) and the Children and Teens’ Privacy and Protection Act (COPPA 2.0) — to better regulate the companies, the report said