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Rabu, 24 Juli 2019

We predicted today’s record-setting FTC fines 8 months ago

Business Insider Intelligence
This is the first slide from the Top 10 Trends in Digital Media deck our research team published in December, when we made our biggest digital media calls and predictions for 2019.

Today, the Federal Trade Commission slapped Facebook with a record-setting $5 billion fine for mishandling user data — and imposed a bunch of restrictions on what it can and cannot do, including:

  • Exercising greater oversight over third-party apps
  • Prohibiting the use of cell phones numbers obtained for two-factor authentication for advertising
  • Providing clear and conspicuous notice of its use of facial recognition technology

Concerns over the growing power and reach of not only Facebook, but also Apple, Amazon, and Google are coming to a head, with the Justice Department announcing that it's opening an official antitrust review of the world's biggest tech companies.

Subscribers who read our deck last year already saw this coming.

You too can get — and stay — ahead of the next big trends with Business Insider Intelligence.

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