Platforms

Nearly a year after announcing an investigation into the incident, the Federal Trade Commission is negotiating with Facebook over a fine that could range into the billions of dollars.

British Members of Parliament have called for a regulator to police content on social media sites, financed by a new levy on tech companies, and an inquiry into the effect of disinformation on past electoral contests. Concluding an 18-month long investigation into “fake news”, disinformation and political campaigns, the House of Commons Digital, Culture, Media and Sport Committee also accused Facebook of “intentionally and knowingly” violating data privacy laws and said it should be the subject of a probe by the competition and data watchdogs.

Organisations run by Charles Koch have begun to lobby US politicians on data privacy, as the American billionaire and conservative donor deepens his unlikely alliance with Silicon Valley, and Google in particular.

In 2018, Congress set the stage to pass a sweeping consumer data-privacy law in 2019, but prospects for legislation are dimming amid sharpening divides among lawmakers over how far the federal government should go in reining in Big Tech. Silicon Valley and its Republican allies are pushing for a national standard that would override state regulations—including California’s landmark 2018 law, which broadens the definition of personal information and gives consumers the right to prevent their data from being sold.

Apparently, the Federal Trade Commission and Facebook are negotiating over a multi-billion dollar fine that would settle the agency’s investigation into the social media giant’s privacy practices. The fine would be the largest the agency has ever imposed on a technology company, but the two sides have not yet agreed on an exact amount. Facebook has expressed initial concern with the FTC’s demands. If talks break down, the FTC could take the matter to court in what would likely be a bruising legal fight.

Facebook removed more than 100 ads paid for and posted by The Trump Organization after Facebook mistakenly classified them as political in nature and requiring payment disclosures. Advertisements for the Trump International Hotel in Washington, DC,  the Trump National Doral golf course in Miami, and the Trump Turnberry Resort in Scotland were among the 117 ads removed from Facebook. Those ads have returned to Facebook after the network was notified by Scotland's national newspaper The Scotsman that some Trump property posts had been labeled as political.

Facebook has agreed to share more information about political advertising on its platform.

Sen. Amy Klobuchar (D-MN) joined the 2020 Democratic race, separating herself from the pack by talking up her efforts to take on big tech. “We need to put some digital rules into law when it comes to people’s privacy. For too long the big tech companies have been telling you ‘Don’t worry! We’ve got your back!’ while your identities are being stolen and your data is mined,” she said during her launch. “Our laws need to be as sophisticated as the people who are breaking them.” Sen.

Snopes, one of Facebook's high-profile fact-checking partners, and the Associated Press are not renewing its contract with the social network -- dealing a blow to a program Facebook executives have said is a key line of defense in their fight against disinformation. It was no longer practical for Snopes to participate in the partnership, said Snopes Vice President of Operations Vinny Green, because having such a high-profile deal with one company prevented Snopes from doing fact-checking work around the rest of the Internet.