Key Points
Facebook's new rebrand logo Meta is seen on smartphone in front of displayed logo of Facebook, Messenger, Instagram, Whatsapp and Oculus in this illustration picture taken October 28, 2021..
WASHINGTON, Oct 17 (Reuters) - Lawyers for Meta (META.O), which owns Facebook, Instagram and WhatsApp, and the U.S. government tangled on Tuesday over the U.S. Federal Trade Commission's plan to toughen a 2019 privacy order...
In May, the FTC accused Meta of misleading parents about how much control they had over who their children had contact with in the Messenger Kids app, among other issues, and proposed tightening an existing agreement on privacy to include a ban on making money from minors' data...
Facebook agreed in 2019 to pay a record $5 billion fine to resolve allegations it had violated the 2012 consent order by misleading users about how much control they had over their personal data..
The agency also asked a federal court in 2020 to order Facebook to sell Instagram, which it bought for $1 billion in 2012, and WhatsApp, which it bought for $19 billion in 2014..
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