Washington, May 26: Twitter has faced a big blow as Federal Trade Commission levied a $150 million fine on the microblogging site, alleging that the company illegally used peoples' personal data over six years to help sell targeted advertisements.
Twitter fined $150 million over alleged user-privacy violations
Washington, May 26: Twitter has faced a big blow as Federal Trade Commission levied a $150 million fine on the microblogging site, alleging that the company illegally used peoples' personal data over six years to help sell targeted advertisements.
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In a blog post, Twitter chief privacy officer Damien Kieran wrote, "Keeping data secure and respecting privacy is something we take extremely seriously, and we have cooperated with the FTC every step of the way. In reaching this settlement, we have paid a $150M penalty, and we have aligned with the agency on operational updates and program enhancements to ensure that people's personal data remains secure and their privacy protected."
The fine comes at a time when Twitter is in the midst of a $44 billion takeover bid by billionaire and Tesla CEO Elon Musk.
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-PTC News