Tag: privacy practices

• Wednesday, August 14th 2019 - 08:57 UTC

  Facebook again caught ignoring privacy practices: it paid contractors to transcribe audio clips from its services

  

  Facebook Inc has been paying outside contractors to transcribe audio clips from users of its services, Bloomberg reported on Tuesday, citing people familiar with the matter. The company confirmed that it had been transcribing users' audio, and said it was no longer doing so, Bloomberg reported.

• Thursday, April 25th 2019 - 08:59 UTC

  Facebook profits and users rising, but company will set aside US$ 3bn for US FTC investigation into privacy practices

  

  Facebook has said it will set aside US$ 3bn to cover the potential costs of an investigation by US authorities into its privacy practices. While it has provided for a heavy toll from the investigation by the US Federal Trade Commission, the final cost could be US$ 5bn, it said.