Facebook, Ftc | featured news

The Federal Trade Commission voted Friday to finalize its settlement with Facebook, resolving charges that the social network exposed details about users' lives without getting the required legal consent.

Facebook has settled a complaint by the Federal Trade Commission that the social networking giant deceived consumers by promising privacy protections while it shared and made user data more public, according to the FTC.

Facebook and the Federal Trade Commission are nearing a settlement over deceptive practices related to several Facebook features, including its privacy settings, according to two people briefed on the settlement.

Facebook’s use of software that enables it to track users’ online activity after they log off of the social-networking site came under scrutiny in Washington this week, with lawmakers and consumer advocacy groups demanding a federal investigation.