FTC proposes ban on Meta profiting from minors’ data

The U.S. Federal Trade Commission on Wednesday accused Meta's Facebook of misleading parents about protections for children and proposed tightening an existing agreement on privacy to include a ban on making money from minors' data. Specifically, the FTC said Facebook misled parents about how much control they had over who their children had contact within the Messenger Kids app and was deceptive about how much access app developers had to users' private data, breaching a 2019 agreement on privacy. The FTC's proposed changes include barring Facebook from making money off data collected on users under age 18, including in its virtual reality business. 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.