Twitter facing FTC investigation and possible $250 million fine - Business Insider

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Twitter facing FTC investigation and possible $250 million fine - Business Insider
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Twitter could be facing an FTC fine of up to $250 million over allegations that it violated an agreement over user data privacy

Monday that it is under investigation by the Federal Trade Commission related to allegations that it violated a 2011 consent agreement — and that it's expecting a "probable loss" of somewhere between $150 million and $250 million.

The FTC's complaint specifically centers on Twitter's alleged use of "phone number and/or email address data provided for safety and security purposes for targeted advertising during periods between 2013 and 2019," according to the filing. Last October, Twitter admitted that it had used phone numbers and emails — which users had uploaded with the intention of securing their accounts with two-factor authentication — in order to. Twitter said the data had been used "inadvertently" and that it didn't know how many people had been affected.

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