{"id":126215,"date":"2024-09-19T20:03:11","date_gmt":"2024-09-19T20:03:11","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/09\/19\/the-ftc-says-social-media-companies-cant-be-trusted-to-regulate-themselves\/"},"modified":"2024-09-19T20:03:11","modified_gmt":"2024-09-19T20:03:11","slug":"the-ftc-says-social-media-companies-cant-be-trusted-to-regulate-themselves","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/09\/19\/the-ftc-says-social-media-companies-cant-be-trusted-to-regulate-themselves\/","title":{"rendered":"The FTC says social media companies can\u2019t be trusted to regulate themselves"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">The Federal Trade Commission published a <a href=\"https:\/\/www.ftc.gov\/news-events\/news\/press-releases\/2024\/09\/ftc-staff-report-finds-large-social-media-video-streaming-companies-have-engaged-vast-surveillance\" target=\"_blank\" rel=\"noopener\">new report<\/a> about the data collection policies of social media platforms and video streaming services, and the results are damning, if not unexpected. The report, which was released on September 19th, found that these platforms not only surveil consumers but often retain vast troves of data indefinitely about users and non-users alike \u2014 and suggests they can\u2019t be trusted to regulate themselves.<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">Given the billions of dollars companies stand to earn from collecting and monetizing user data, \u201cself-regulation has been a failure,\u201d the report says. \u201cPredicting, shaping, and monetizing human behavior through commercial surveillance is extremely profitable \u2014 it\u2019s made these companies some of the most valuable on the planet \u2014 and putting industry in charge has had predictable results.\u201d<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">The problem, the report finds, lies not with one particular company\u2019s business model but with industrywide incentive structures that reward harvesting, collecting, and monetizing user data.\u00a0\u201cWhile lucrative for the companies, these surveillance practices can endanger people\u2019s privacy, threaten their freedoms, and expose them to a host of harms\u201d like identity theft and stalking,\u201d FTC Chair Lina Khan said. \u201cSeveral firms\u2019 failure to adequately protect kids and teens online is especially troubling.\u201d<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">The report is based on <a href=\"https:\/\/www.ftc.gov\/news-events\/news\/press-releases\/2020\/12\/ftc-issues-orders-nine-social-media-video-streaming-services-seeking-data-about-how-they-collect-use\" target=\"_blank\" rel=\"noopener\">questions<\/a> the FTC sent to nine companies in December 2020 under section 6(b) of the FTC Act, which lets the commission conduct studies without a specific law enforcement purpose. The orders were sent to Amazon (which owns Twitch), Facebook, YouTube, Twitter, X, Snap, ByteDance (owner of TikTok), Discord, Reddit, and WhatsApp and focused on these companies\u2019 data collection and retention practices as well as how these practices affect children and teenagers.<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">Among the findings in the 129-page report is the fact that even people who don\u2019t use these platforms had their data collected. The companies acquired consumer data from a variety of sources, including advertisers and data brokers, advertising tracking technology, and inferences from algorithms, data analytics, or artificial intelligence. Companies can retain this data indefinitely, the report found \u2014 and some didn\u2019t delete users\u2019 data in response to deletion requests. Instead, some companies deidentified data rather than deleting it, while others would only delete some data.<\/p>\n<\/div>\n<div>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">The report ends with recommendations to curb these practices, which the document says are incentivized by the companies\u2019 business models. The FTC encourages Congress to pass comprehensive privacy legislation to limit surveillance. In the interim, the commission suggests that companies limit their own data collection policies, stop using \u201cprivacy-intensive ad tracking technologies,\u201d and implement greater privacy protections for teenagers.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.theverge.com\/2024\/9\/19\/24249073\/ftc-data-retention-privacy-report-facebook-meta-youtube-reddit\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Trade Commission published a new report about the data collection policies of social media platforms and video streaming services, and the results are damning, if not unexpected. The report, which was released on September 19th, found that these platforms not only surveil consumers but often retain vast troves of data indefinitely about users [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":126216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-126215","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/126215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=126215"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/126215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/126216"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=126215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=126215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=126215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}